Abercrombie & Fitch ( ANF) is expected by analysts Friday to post fourth-quarter earnings of $1.96 a share on revenue of $1.49 billion.
KKR & Co. ( KKR) submitted an offer of $75 a share for industrial machinery maker Gardner Denver ( GDI), Reuters reported, citing two people familiar with the matter. The offer puts KKR in place to buy Gardner Denver, after sources told Reuters that other private-equity bidders have dropped out of the bidding process. Gardner Denver shares closed Thursday at $67.47. Cramer: Beware Too Much M&A Frenzy
Charter Communications ( CHTR) is forecast Friday to post a fourth-quarter loss of.28 cents a share on revenue of $1.91 billion, up 4% from a year earlier.
United Airlines ( UAL) said Thursday it was taking the grounded Boeing ( BA) 787 Dreamliner out of its flight plans through June 5, and postponed its new Denver-to-Tokyo flights. Investigators are still trying to figure out what caused a battery fire in one plane and forced the emergency landing of another plane last month. Boeing's 787s have been grounded since Jan. 16.
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