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Morning Briefing: 10 Things You Should Know


8. -- VeriFone Systems (PAY - Get Report) is expected by analysts on Thursday to post fiscal third-quarter earnings of 20 cents a share on revenue of $400.8 million.


9. -- Smithfield Foods' (SFD) $4.7 billion acquisition by Shuanghui International is likely to be cleared by the U.S. Treasury department, moving it a step closer to what would be the largest ever Chinese takeover of a U.S. company, The Financial Times reported, citing people familiar with the matter.

The Committee on Foreign Investment in the United States has signaled that it is leaning toward clearing the deal and the companies could learn of the committee's decision as early as Thursday, the people told the FT.


10. -- Smith & Wesson (SWHC), the gun maker, is expected by Wall Street to report Thursday fiscal first-quarter earnings of 36 cents a share.


-- 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.

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