Oracle Corporation (ORCL), General Electric Company (GE) Among Stocks on the Radar on Monday

Monday morning has been all about buyouts and offers ranging from IT to Utility. Major events which are making headlines are as follows.

Oracle Corporation (NYSE:ORCL) in a smart move has decided to acquire Micros System in a $5 billion deal. Currently, Oracle Corporation (NYSE:ORCL) is trading flat at $41.10.

Best Financial Services Companies to Work For

General Electric Company (NYSE:GE) got a relief after it received much needed backing from France government and Alstom’s board backed for its offer to buy out the energy business of Alstom. Investors didn’t cheer the news of relief for General Electric Company (NYSE:GE) as company’s shares are down by 1.17% to $26.66.

Chip Wilson, the Founder of Lululemon Athletica Inc (NASDAQ:LULU) has been busy working with Goldman Sachs in finding potential buyer along with other strategic option for the company as reported by WSJ. Shares of Lululemon Athletica Inc (NASDAQ:LULU) are up by 3.57% so far on Monday.

If rumors are true then this could turnout to be a big setback for The Boeing Company (NYSE:BA). It is expected that $3.5 billion contract which it had received from Pentagon might be revamped. Shares of the company are trading at $131.10 down, 0.76% in red.

Past continues to haunt General Motors Inc (NYSE:GM) after it failed to action upon Former corporate quality audit chief William McAleer’s warning in 2002 in which he had stated that the company should recall unsafe vehicles as reported by reuters. Shares of General Motors Inc (NYSE:GM) are trading up by 0.94% at $36.58.

It wasn’t a pleasant Monday morning for CEO Dov Charney after he was outsted from American Apparel Inc (NYSEMKT:APP), After an internal investigation found Dov Charney guilty of violation of companies policies and misutilizing funds. Shares of American Apparel Inc (NYSEMKT:APP) are trading down by 0.78% at $0.684.

Shares of Wisconsin Energy Corp (NYSE:WEC) were down in early trade after the company announced its plans of acquiring Integrys Energy for $71.47 per share in cash and stock deal. Shares of Wisconsin Energy Corp (NYSE:WEC) have declined by 2.13% to currently trade at $45.88.

Disclosure: none

Biotech Insider Alert - $6 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The World’s Most Famous Circuses

Best Hair Stylists

Most Popular NASCAR Drivers

The Best Romance Movies of all Time

The Most Wanted Drug Lords

The Oldest Money Managers

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

Best Travel Destinations in Australia

World’s Most Expensive Musical Instruments

World’s Most Famous Animals

Most Expensive Cakes in the World

Most Expensive Kosher Champagne in the World

Most Expensive Kosher Wine in the World

The Most Surprisingly Dark Fairy Tales

Most Popular Travel Destinations in Asia

The 10 Most Expensive Dresses Ever Worn to the Oscars

World’s Most Visited Art Museums

Best Countries for Photographers to Work in

Best Paid Jobs in the Film Industry

The Most Renowned Recovered Paintings Ever

Child Stars That Turned out Just Fine

Books That Were Banned in the Past Century

World’s Richest Dancers

Best Remedies against Bad Breath

Foods That Improve Your Skin Texture

Best-Selling Children’s Books of all Time

Foods That Boost Your Libido

Best-Selling Books of all Time

The Most Expensive Academy Awards Jewelry in History

Most Expensive Japanese Restaurant In New York City

The Best B-Boy Movies

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!