News Summary (CCE, BMO, MI, ORCL)

Shares of Coca-Cola Enterprises Inc CCE rose about 1% after the company projected its adjusted 2010 earnings of $1.74 to $1.78 per share. However, analysts were expecting earnings at $1.79 per share. Coca-Cola Enterprises announced its plans to repurchase $200 million in stock by the year-end. BMO Financial Group BMO announced its plans to buy Marshall & Ilsley Corp MI for $4.1 billion in an all-stock deal. BMO will purchase MI for $7.75 per share, representing a 33% premium to MI's closing price on Thursday. “The acquisition is consistent with our strategy to strengthen our North American businesses,” said Bill Downe, BMO chief executive. MI's shares jumped 19% following the news. Shares of Oracle ORCL gained about 5.5% after the company reported a 47% y/y surge in its FQ2 revenue. and a good jump in earnings. The company posted upbeat quarterly results. "We had another excellent quarter," Oracle co-President Safra Catz said. Read more from Benzinga's Markets.