Some of the stocks that may grab investor focus today are:
Wall Street expects Mattress Firm Holding Corp MFRM to post its quarterly earnings at $0.56 per share on revenue of $622.36 million. Mattress Firm shares gained 1.34 percent to close at $42.29 on Friday.
Sherwin-Williams Co SHW agreed to acquire The Valspar Corp VAL for $113 per share. Valspar shares fell 1.02 percent to close at $83.83 on Friday, while Sherwin-Williams shares rose 0.56 percent to close at $288.69 on Friday.
Analysts expect IHS Inc. IHS to report its quarterly earnings at $1.35 per share on revenue of $544.99 million. IHS shares rose 0.37 percent to close at $110.71 on Friday.
Origin Technologies Corporation, an entity comprised of former Affymetrix, Inc. AFFX executives, announced Friday, that it submitted a proposal to acquire Affymetrix, Inc. for $16.10 per share in cash. The transaction is valued at approximately $1.5 billion. Thermo Fisher Scientific Inc. TMO had offered $14.00 per share in cash for Affymetrix. However, Affymetrix announced Sunday, that it was rejecting the Origin offer in the belief that this newly formed entity would be unable to close the deal. Affymetrix shares climbed 14.05 percent to close at $15.99 on Friday.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in