Stocks to Watch: Caterpillar, Yahoo!, TI
NEW YORK --
Caterpillar
(CAT) - Get Caterpillar Inc. Report
, the heavy construction-equipment maker, is expected by analysts Monday to post third-quarter earnings of $2.23 a share on revenue of $16.79 billion.
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Yahoo!
(YHOO)
, the Internet company, is seen reporting third-quarter profit of 26 cents a share on revenue of $1.08 billion.
Yahoo! is expected to issue its report after the close of trading Monday.
If You're Waiting for a Google Dip, Too Late
Texas Instruments
(TXN) - Get Texas Instruments Incorporated Report
, the chipmaker, is expected by analysts Monday to post quarterly profit of 45 cents a share, down from 60 cents a share a year earlier, on revenue of $3.34 billion.
Reports are also expected Monday from the likes of
Hasbro
(HAS) - Get Hasbro Inc. Report
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,
Freeport McMoRan Copper & Gold
(FCX) - Get Freeport-McMoRan Inc. Report
and
V.F. Corp.
(VFC) - Get V.F. Corporation Report
BP
, the U.K. oil company, confirmed Monday it's in advanced talks about selling its stake in TNK-BP to
Rosneft
, Russia's state-controlled oil company, in a deal of about $30 billion.
Ancestry.com
(ACOM)
, the genealogy Web site, has agreed to be acquired by an investor group led by European private-equity firm Permira for about $1.6 billion, or $32 a share,
The Wall Street Journal
reported, citing people familiar with the deal.
Shares of Ancestry.com closed Friday at $29.18.
-- Written by Joseph Woelfel
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