SAN FRANCISCO – Among the companies whose shares are expected to see active trade in Monday's session are Lowe's Cos., Campbell Soup Co., Tech Data Corp. and Wet Seal Inc.
Applied Signal (APSG) is expected to report first second-quarter net earnings of 16 cents a share, according to analysts polled by Thomson First Call.
Campbell Soup Co. (CPB) is seen posting fiscal third-quarter profit of 35 cents a share.
Lowe's Cos. (LOW) is expected to report a per-share profit of 94 cents in its first quarter.
Tech Data Corp.'s (TECD) first-quarter results are expected to show a per-share profit of 32 cents.
Wet Seal Inc. (WTSLA) is seen posting a first-quarter profit of 5 cents a share.
Anheuser-Busch (BUD) agreed to buy Rolling Rock from InBev for $82 million, and it's said to be in talks to buy a Chicago microbrewer.
Ann Taylor Stores Inc.'s fashions proved a hit in the first quarter as the women's-wear retailer more than doubled its profit and raised its second-quarter outlook.
Aztar Corp. (AZR) formally broke its deal to be acquired by Pinnacle Entertainment (PNK) as the gambling company accepted a $54 a share offer from Columbia Sussex — and put itself on the hook for a $78 million worth of termination fees.
British Airways Plc (BAB) (BAY) said its quarterly profit soared on increased business passenger travel and lifted its revenue outlook for the next fiscal year. See full story.
Mittal Steel (MT) raised its offer for rival Arcelor by 34%, only one day after formally launching a bid for the world's second-biggest steelmaker.
Quest Diagnostics Inc. (DGX) has received a subpoena from the California Attorney General's Office seeking documents related to MediCal billings, the company said in a regulatory filing. The subpoena seeks documents from various time frames ranging from three to 10 years, the Lyndynhurst, N.J.-based company said. Quest said it will cooperate with the California Attorney General's Office in responding to the subpoena.
Tyson Foods Inc. (TSN) named Richard Bond as president and chief executive, effective immediately. Former CEO John Tyson will continue to serve as chairman of the Springdale, Ark.-based company.