NEW YORK (TheStreet) -- Tyson Foods (TSN) - Get Report reported second-quarter profit of 42 cents a share, a penny shy of expecations. Revenue rose 16% to $8 billion from $6.92 billion a year ago, beating expectations. Shares of Tyson were up 0.2% to $18.93 in premarket trading Monday.
Car rental company
was rising 1.7% to $17.13 afteroffering a new
for about $2.1 billion. Shares of Dollar Thrifty were surging 8.7% to $75.75 in premarket trading Monday.
reached a deal to acquire Elan Drug Technologies from
, the Irish drugmaker,
Elan shares were rising 3.4% to $8.14.
were falling 1.1% to $52.47 as it and
got ready to reserve more than $2 billion combined for customers for wrongfully sold insurance -- forfeiting in a legal battle on the matter. Separately, HSBC said first-quarter earnings rose 58% to $4.15 billion from $2.63 billion a year earlier
from a year earlier, as its catastrophe insurance underwriting business suffered big losses early in 2011 because of the earthquake and tsunami in Japan.
has received approval from the U.S. Department of Justice to complete its proposed acquisition of
-- Written by Andrea Tse in New York.
>To contact the writer of this article, click here:
>To follow the writer on Twitter, go to
>To submit a news tip, send an email to:
Copyright 2011 TheStreet.com Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.