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Valeant Pharmaceuticals


said Monday it agreed to buy dermatology products maker

Medicis Pharmaceutical


for about $2.6 billion in cash.

Canada's Valeant will pay $44 a share for Medicis, which represents a 39% premium over Medicis' closing price Friday of $31.87.

The companies expect the merger to close early next year.

Campbell Soup

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is expected by analysts Tuesday to post fiscal fourth-quarter earnings of 39 cents a share on revenue of $1.59 billion.

The New and Improved Campbell Soup Co.: Opinion

Automakers such as

General Motors

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(F) - Get Ford Motor Company Report

report monthly sales results for August on Tuesday.

Pork processor

Smithfield Foods


is expected by analysts to post fiscal first-quarter profit of 45 cents a share on revenue of $3.16 billion.

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United States Steel

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and the United Steelworkers announced a tentative agreement Sunday on a three-year contract covering more than 16,000 workers at domestic facilities.

-- Written by Joseph Woelfel

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Joseph Woelfel

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