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Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Stocks to Watch: Nasdaq OMX, Goldman, Ford, GM

Stocks in this article: NDAQ GS F GM AZN BGCP ACT MKC GIII

NEW YORK -- Nasdaq OMX Group (NDAQ - Get Report) agreed to buy eSpeed from BGC Partners (BGCP) for $750 million in cash.

eSpeed is an electronic service for trading U.S Treasury notes and bonds. The acquisition allows Nasdaq to expand into other investment fields.

The acquisition is expected to be completed in the middle of 2013.

8 Stocks Surging on Big Volume


Goldman Sachs (GS - Get Report) launched a specialty finance company to invest in risky credit products.

Goldman has registered the fund as a "business development company" -- a type of investment vehicle that has grown in popularity over the past decade, and which allows Goldman to avoid certain regulations, according to The Wall Street Journal.


AstraZeneca's (AZN - Get Report) patent for its Pulmicort Respules asthma treatment has been ruled invalid by a U.S. court.

The ruling allows Actavis (ACT) to launch a generic version of the drug; Actavis said it would do so immediately.


U.S. automakers, including Ford (F - Get Report) and General Motors (GM - Get Report), are scheduled Tuesday to release auto sales for March.

U.S. car and truck sales are expected to hit their highest level in nearly six years in March, according to analysts surveyed by Bloomberg.

5 Top Cars at the New York Auto Show


McCormick (MKC) is expected by analysts on Tuesday to post fiscal first-quarter earnings of 56 cents a share on revenue of $922.7 million.


G-III Apparel Group (GIII) is expected by Wall Street to post fourth-quarter profit of 40 cents a share on sales of $360.2 million.

5 Stocks Set to Soar on Bullish Earnings


-- Written by Joseph Woelfel



>To contact the writer of this article, click here: Joseph Woelfel

>To submit a news tip, send an email to: tips@thestreet.com.

Copyright 2013 TheStreet.com Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. AP contributed to this report.

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