This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

10 Stocks to Watch: TGC Industries, AT&T

NEW YORK ( TheStreet) -- Onshore seismic data services provider TGC Industries (TGE) was surging 14.1% to $7.79 in premarket trading Monday as it said it will be acquired by peer Dawson Geophysical ( DWSN) in a transaction valued at about $157 million, representing about $8 a TGC share. TGC shareholders will receive 0.188 a share of Dawson stock for every share of TGC stock. The combined company will retain the Dawson name and trading symbol.

Telecom giant AT&T (T) was rising 4.9% to $29.32 after it said it will purchase T-Mobile USA from Germany's Deutsche Telekom ( DT ) in a deal valued at about $39 billion.

Shares of Jeweler and specialty retailer Tiffany (TIF) were popping 5.4% to $60.40 after reporting fourth-quarter net earnings from continuing operations of $1.41 a share and $1.44 a share excluding items, compared with the consensus estimate of $1.39 a share.

Electronics company Sony (SNE) was rising 3.4% to $32.60 as it began restarting production in Japan after the country was hit by a massive earthquake.

Financial services company Citigroup (C) was rising 3.2% to $4.65 in premarket trading Monday as it announced a 1-for-10 reverse common stock split and said it plans to reinstate a quarterly dividend of 1 cents a share in the second quarter.

Oil and natural gas exploration and production company Anadarko Petroleum ( APC ) was rising 2.4% to $79.10 as Korea National Oil bought about one-third of the company's resource-rich Maverick Basin assets stake for about $1.55 billion.

Goldman Sachs (GS) was rising 1.2% to $161.85 after Bloomberg reported that conglomerate holding company Berkshire Hathaway (BRK.B) raked in about $3.7 billion from its $5 billion investment in the financial services company.

>>Search for Highest Dividends by Rate or Yield
More on Earnings
Today's Top Earnings
Earnings Calendar

-- Written by Andrea Tse in New York.

>To contact the writer of this article, click here: Andrea Tse.

>To follow the writer on Twitter, go to Andrea Tse.

>To submit a news tip, send an email to:
Copyright 2010 Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $94.98 -0.21%
FB $116.77 -0.56%
GOOG $692.36 0.00%
TSLA $230.00 -1.00%
YHOO $36.01 0.00%


Chart of I:DJI
DOW 17,750.91 -140.25 -0.78%
S&P 500 2,063.37 -18.06 -0.87%
NASDAQ 4,763.2240 -54.37 -1.13%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs