Switzerland's Lonza agreed to buy Arch Chemicals for about $1.2-billion (U.S.) in cash to create the world's largest microbial control business.
Sirius XM will be added to the NASDAQ-100 Index effective July 15. Sirius XM's common shares also will be included in the PowerShares QQQ exchange-traded fund.
Macarthur Coal, the Australian miner, said Monday it received a takeover proposal from Peabody Energy and ArcelorMittal valued at about $5-billion.
Alcoa is set to kick off earnings season once again on Monday, and there's a good chance the aluminum giant will deliver a fifth straight above-consensus quarter.
The average estimate of analysts polled by Thomson Reuters is calling for earnings of 33 cents a share in the June period on revenue of $6.32-billion, a performance that would reflect strong year-over-year gains for the company from last year's equivalent profit of 13 cents a share on revenue of $5.19-billion.
Sinochem, the Chinese chemicals company, is in advanced discussions with seeds and herbicide company Monsanto to "deepen their ties significantly," The Wall Street Journal reported, citing people familiar with the discussions.
British Sky Broadcasting shares fell on Monday on reports action was being taken to block News Corp.'s buyout of the satellite broadcaster.
Car rental company Hertz is extending its more than $2-billion offer for competitor Dollar Thrifty to Aug. 5, from the previously announced expiration date of July 8. The bid consists of $57.60 in cash and 0.8546 a share of Hertz common stock.Report Typo/Error
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- Sirius XM Holdings Inc$5.29+0.17(+3.32%)
- Peabody Energy Corp$24.76+0.79(+3.30%)
- ArcelorMittal SA$22.26+0.34(+1.55%)
- Alcoa Corp$33.27+0.18(+0.54%)
- Monsanto Co$116.78+0.25(+0.21%)
- News Corp$13.80+0.20(+1.47%)
- Hertz Global Holdings Inc$9.48-0.08(-0.84%)
- Updated May 26 4:00 PM EDT. Delayed by at least 15 minutes.