2. -- The economic calendar in the U.S. Monday includes the ISM index for June at 10 a.m. EDT, and construction spending for May at 10 a.m.
3. -- U.S. stocks on Friday ended mixed. The 1.5% decline in June for the S&P 500 was the first monthly retreat for the index since October as investors struggled to sort through the mixed messages from Federal Reserve officials about a timeline for curbing the central bank's stimulus measure. The S&P 500 fell 0.4% to close the month at 1,606.28. The Dow Jones Industrial Average dropped 0.8% to 14,909.66 on Friday. The Nasdaq gained 0.04% to 3,403.25. The tech-heavy index jumped 1.4% over the past five trading sessions.
4. -- Onyx Pharmaceuticals ( ONXX) confirmed receipt of a takeover offer from Amgen ( AMGN) valued at $120 a share but said the bid was too low. Onyx said Sunday it will now seek competitive bids from other interested acquirers. Amgen's $10 billion offer is a 38% percent premium to Onyx's closing stock Friday of $86.82. Onyx said Amgen's offer "significantly undervalued" the company.
5. -- Apple ( AAPL) is seeking a trademark for "iWatch" in Japan, Bloomberg reported. The iPhone maker is seeking protection for the name which is categorized as being for products including a handheld computer or watch device, according to a June 3 filing with the Japan Patent Office that was made public last week, Bloomberg reported.
6. -- Nokia ( NOK), the Finnish smartphone maker, agreed to buy Siemens' ( SI) stake in a joint venture the companies have for telecommunications equipment. Nokia will pay €1.7 billion ($2.2 billion) to get full control of the venture, Nokia Siemens Networks, the companies confirmed Monday.
7. -- BlackBerry lost more than one-quarter of its value Friday as shares tumbled after the smartphone maker's quarterly results fell well short of Wall Street estimates. The stock plummeted 28% to close at $10.46. BlackBerry posted reported fiscal first-quarter revenue of $3.1 billion, up from $2.8 billion in the year-earlier quarter, but below analysts' forecasts of $3.36 billion. The company reported an adjusted loss from continuing operations of $67 million, or 13 cents a share but analysts were looking for earnings of 6 cents a share.
8. -- Mark Carney, the former head of the Bank of Canada, begins his first day Monday as governor of the Bank of England. Carney is the first non-Brit to run the 319-year-old bank.
9. -- A. Schulman ( SHLM), a supplier of plastic compounds and resins, is expected by analysts to report on Monday fiscal third-quarter earnings of 65 cents a share on revenue of $576.1 million.
10. -- "Monsters University," the Disney-Pixar animated prequel, earned $46.1 million over the weekend, the second weekend it has remained in first place at the box office.
-- Written by Joseph Woelfel >To contact the writer of this article, click here: Joseph Woelfel >To submit a news tip, send an email to: firstname.lastname@example.org.