U.S. conglomerate General Electric ( GE) said it will hire 5,000 U.S. military veterans over the next five years and invest $580 million into growing its U.S. aviation operations in 2012. The announcement comes ahead of a four-day meeting in Washington beginning Monday to discuss ways to jump-start the U.S. economy. GE shares were up 0.9% to $19.05.
Internet search giant Google ( GOOG) should be winning approval from European regulators and U.S. antitrust authorities for its planned $12.5 billion purchase of Motorola Mobility ( MMI), Reuters reported. Google shares were rising 0.6% to $609.78.
Vodafone ( VOD), the world's largest mobile phone company, confirmed Monday it is considering making an offer for Britain's Cable & Wireless Worldwide. Vodafone said Monday it was "in the very early stages of evaluating the merits of a potential offer for CWW." If an offer was made, Vodafone said it likely would be in cash. Reports suggest Cable & Wireless might be sold for 700 million pounds ($1.1 billion) to 900 million pounds. Vodafone shares were up 0.4% to $27.50.
Diebold ( DBD) is expected by analysts to post fourth-quarter earnings of 84 cents a share. Diebold, the maker of ATMS and bank vaults, will issue results before the markets open Monday. Shares were unchanged at $34.75.
Health Management Associates ( HMA) is seen by analysts earning 20 cents a share in the fourth quarter on revenue of $1.58 billion.
Drug development company Charles River ( CRL) is expected on Monday to post earnings of 55 cents a share in the fourth quarter, according to analysts.
Medical diagnostic control products supplier SeraCare Life Sciences ( SRLS) announced that it will be acquired by an affiliate of private-equity firm Linden Capital Partners for $80.8 million, which will take the company private. The agreement of $4 a share represents a premium of about 12% to SeraCare's Friday stock price close on the Nasdaq. The deal is expected to be completed in the second quarter.
Industrial conglomerate United Technologies ( UTX) is exploring the sale of its flow and compressor businesses, which could result in a proceeds of $3.5 billion, according to Reuters. -- Written by Joseph Woelfel and Andrea Tse >To contact the writer of this article, click here: Andrea Tse. >To follow the writer on Twitter, go to http://twitter.com/atwtse . >To submit a news tip, send an email to: firstname.lastname@example.org.