MarketWatch

Among the companies whose shares are expected to see active trade in Monday's session are Medtronic Inc., Allergan Inc. and News Corp.

Blue Coat Systems Inc. (BCSI) is expected to report breakeven earnings per share for the first quarter, according to analysts polled by Thomson First Call.

Campbell Soup Co. (CPB) is expected to post first-quarter per-share income of 61 cents.

DryShips Inc. (DRYS) is expected to report per-share earnings of 41 cents for the third quarter.

Dycom Industries Inc. (DY) is expected to post first-quarter income of 25 cents per share.

Lowe's Cos. (LOW) is expected to post third-quarter income of 43 cents per share.

Medtronic Inc. (MDT) is expected to report earnings of 56 cents per share for the second quarter.

Nordstrom Inc. (JWN) is expected to post third-quarter per-share income of 51 cents.

Phillips-Van Heusen Corp. (PVH) is expected to report earnings per share for the third quarter of 84 cents.

After Friday's closing bell, the Food and Drug Administration late Friday approved silicone-gel breast implants made by Allergan Inc. (AGN) and Mentor Corp. (MNT) , making them widely available for the first time since 1992.

Watch list

A.G. Edwards Inc. (AGE) said it has approved the buyback of up to 10 million of its outstanding common shares. The authorization is effective Jan. 1, 2007, through Dec. 31, 2008.

Books-A-Million Inc. (BAMM) said the third-quarter net loss narrowed, as revenue gained, to $201,000, or a penny a share, from a net loss of $873,000, or 5 cents a share, during the same period in the prior year.

Benihana Inc. (BNHN) (BNHNA) said it has cut its second-quarter per-share earnings outlook to 22 cents to 23 cents from its prior view of 26 cents to 28 cents. The Miami-based restaurant operator said the cut is due to delays in the reopening of two restaurants and the inauguration of another, as well as the closing of another restaurant due to a kitchen fire.

CDC Corp. (CHINA) said an internal restructuring will move CDC Games to become a direct business unit of CDC Corp. from being within China.com Inc., which is a 77%-owned subsidiary of CDC Corp. CDC would acquire 100% of CDC Games from China.com for $110 million.

Chevron (CVX) U.S.A. Inc. said it has ended its agreement to buy 122 retail gasoline stations in California from USA Petroleum Corp.

Costco Wholesale Corp. (COST) said it has received a grand jury subpoena from the United States Attorney's Office for the Central District of California seeking records related to the company's receipt and handling of hazardous merchandise returned by Costco members.

Empresa Brasileira de Aeronautica S.A. (ERJ) said it expects global demand for 7,500 jets in the 30- to 120-seat capacity segment over the next 20 years.

Genworth Financial Inc. (GNW) said one of its business units has received subpoenas from the Securities and Exchange Commission and the Department of Justice related to "an investigation of bid-rigging involving guaranteed investment contracts sold to municipalities."

Gilead Sciences Inc. (GILD) said it has completed its $2.5 billion acquisition of Myogen Inc. (MYOG) . The deal was announced in early October.

HCC Insurance Holdings Inc. (HCC) said the board investigation of the company's stock-option grants since 1995 has found incorrect measurement dates for certain grants covering a "significant" amount of employees. Also, Stephen Way has resigned as chief executive, and has agreed to terminate his employment agreement with the loss of any further compensation, including any 2006 bonus.

Isramco Inc. (ISRL) said it has agreed to acquire certain oil and gas properties in Texas and New Mexico for $100 million from Five States Energy Co. The properties include 660 producing oil and gas wells, and had net income in the first seven months of this year of $11 million.

Reckson Associates Realty Corp. (RA) said it has postponed the date of its special meeting of shareholders until Nov. 28 in coordination with SL Green Realty Corp. and in light of recent developments.

Red Hat Inc. (RHAT) said it has filed an application to list its common shares on the New York Stock Exchange. The company said it expects its shares will begin trading on the NYSE on Dec. 12 under the symbol "RHT," pending approval of its application. See After Hours column.

Universal Music Group sued News Corp.'s (NWS) MySpace unit, alleging the social networking site has allowed its users to post millions of Universal's songs and videos onto the Internet in violation of copyright law.

Valero GP Holdings LLC (VEH) (VLI) (VLO) said it has filed a registration statement with the Securities and Exchange Commission for a secondary public offering of about 51.7%, or 22 million, of its units. All units will be sold by subsidiaries of Valero Energy Corp. which will retain a 7.7% interest.

Yahoo Inc. (YHOO) says a senior executive has penned a caustic memo, dubbed the "Peanut Butter Manifesto", which calls for radical changes within the company in order for it to remain competitive.