Stocks to Watch: Dollar Thrifty, Tiffany
NEW YORK -- Car rental giant Hertz Global (HTZ) reached a deal to smaller rival Dollar Thrifty (DTG) for about $2.3 billion.
Hertz will buy Dollar Thrifty for $87.50 a share in cash, a premium of 8% over Dollar Thrifty's closing price of $81 on Friday.
Tiffany (TIF), the upscale jewelry retailer, is expected by analysts Monday to post second-quarter earnings of 74 cents a share, down from 86 cents a share a year earlier.
Apple (AAPL) plans to unveil its so-called "iPad mini" and its next iPhone at two separate events in the next two months, according to a report. Apple plans to debut its next generation iPhone at an event on Sept. 12, according to a report by All Things D, which cited anonymous sources. There also has been speculation that Apple would show off a smaller version of its popular iPad at the same time. Apple's Small iPad, New iPhone to Have Separate Launches: Report
New York Times (NYT) sold Web site About.com to IAC (IACI) for $300 million.
Donaldson (DCI), the filtration-systems maker, is expected by analysts Tuesday to post quarterly earnings of 74 cents a share.
PVH (PVH), the apparel maker, is seen posting quarterly profit of $1.20 a share. Trulia vs. Zillow: The Battle for Online Real Estate
-- Written by Joseph Woelfel
>To contact the writer of this article, click here: Joseph Woelfel
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