Charles Schwab ( SCHW) is forecast to post quarterly earnings of 16 cents a share on revenue of $1.27 billion.
Thermo Fisher Scientific ( TMO) is close to a deal to acquire Life Technologies ( LIFE), according to reports. The price could end up being as high as $13 billion, which would make it one of this year's largest corporate takeovers, The Wall Street Journal reported Sunday, citing a source familiar with the negotiations. Thermo Fisher is expected to pay about $75 a share for Life Technologies, which makes genetic testing equipment, the Journal said. Life Technologies closed Friday at $68. Thermo Fisher Near Deal for Life Tech: Reports
Analysts expect M&T Bank ( MTB) to post first-quarter earnings of $1.96 a share.
The Federal Aviation Administration ordered an inspection of more than 1,000 U.S.-registered Boeing ( BA) 737s to examine the tail planes for a potentially faulty part, which the agency said could cause pilots to lose control of the aircraft if it failed, Reuters reported.
Microsoft ( MSFT) is working on designs for a touch-enabled watch device, executives at suppliers told the Journal, potentially joining rivals like Apple that are working on similar devices. Microsoft Is a Buy Before Earnings Release
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