Stocks to watch on 5/16/11- VITA, LOW, NDAQ, ICE, NYX, PRM, JCP, JOYG, IRM, TCG, DISH, RDC, NFLX, SYK…


Orthovita Inc. (VITA) agreed to be acquired by Stryker Corp. (SYK) for a $3.85 a share in cash in a deal valued at $316 million.

Lowe's Cos. (LOW) estimated that for the fiscal second quarter ending July 29, it would earn 65 cents to 69 cents a share on 4% higher total sales and 2% higher same-store sales.

NASDAQ OMX Group Inc. (NDAQ) and the InercontinentalExchange Inc. (ICE) said they withdrew their joint bid for rival NYSE Euronext Inc. (NYX)

Bond Street Holdings Inc. filed $150 mln IPO as the company seeks funds for acquisitions, last year, the company reported a profit of $21.6 million.

Primedia Inc. (PRM) agreed to acquired by TPG Capital in a deal valued at about $318 million, TPG Capital will pay shareholders $7.10 a share, a 62% premium to Friday's close of $4.38.

J.C. Penney Co. (JCP) is expected to report a profit of 26 cents a share for the first quarter. Joy Global Inc. (JOYG) agreed to buy LeTourneau Technologies Inc. from Rowan Cos. (RDC) for $1.1 billion in cash.

Iron Mountain Inc. (IRM) agreed to sell some of its operations to the U.K.'s Autonomy Corp. (AUTNF) for $380 million in cash.

Bank of America Merrill Lynch has appointed Phil Southwell as head of the bank's operations in the Middle East and North Africa region.

Shares of travel company Thomas Cook Group PLC (TCG) fell 3.2% after J.P. Morgan downgraded the stock to neutral from overweight.

Dish Network Corp. (DISH) appointed former Sirius Satellite Radio Inc. (SIRI) Chairman and Chief Executive Joseph P. Clayton as its president and chief executive.

Enduro Royalty Trust is planning an initial public offering of up to $375 million of its units, to repay debt and for other purposes.

Netflix Inc. (NFLX) entered a multiyear agreement under which its subscribers can access movies from the Miramax film library.

Urban Outfitters Inc. (URBN) is estimated to report a profit of 25 cents a share for the apparel retailer's first quarter.

John Wood Group PLC (WG) said that it will return $1.7 billion to investors through the repurchase of up to 173.6 million shares, or 32.1% of the issued ordinary share capital of the company.

Commerzbank AG (CBK) was upgraded to neutral from reduce at Nomura. French  BNP Paribas (BNP) is planning to list shares in Hong Kong.

Orascom Construction Industries, said its OCI Nitrogen subsidiary has acquired an integrated ammonia-methanol plant located in Beaumont, Texas.

Iron Mountain Inc. (IRM) agreed to sell digital solutions to Autonomy Corp. for $380 million cash.

Teva Pharmaceutical Industries Ltd. (TEVA) signed an agreement to acquire a 57% stake in privately held Japanese firm Taiyo Pharmaceutical Industry Co. for $460 million in cash.

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