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

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

The 10 Most Expensive States to Own a Car In

Top 10 Business Schools in US: 2014 Rankings

Top 20 Female Billionaires in 2014

6 Movies That You Should Watch to Better Understand The Cold War

Top 15 Best Paying Jobs for Women in 2014

Top 6 Things Rich People Do Differently Every Day

5 Retirement Mistakes To Avoid (and Einstein’s Famous Quote)

11 Smartest People in the World

6 Films About the Financial World You Need To Watch (While “The Wolf” is Not Around)

Warren Buffett and Billionaires Are Crazy About These 7 Stocks

The Top 10 States With Fastest Internet Speeds

10 Best Places to Visit in USA in August

Top 10 Cities to Visit Before You Die

Top 10 Genetically Modified Food In the US

15 Highest Grossing Movies Opening Weekend

5 Best Poker Books For Beginners

10 Strategies Hedge Funds Use to Make Huge Returns

Top 10 Fast Food Franchises to Buy

10 Best Places to Visit in Canada

Best Summer Jobs for Teachers

10 Youngest Hedge Fund Billionaires

Top 10 One Hit Wonders of the 90s

Fastest Growing Cities In America

Top 10 U.S. Cities for Freelancers

Top 9 Most Popular Free iPhone Apps

Top 10 Least Expensive Private Business Schools in the US

Top 15 Most Expensive Countries in the World – 2014

Top 6 Tax Scams and How to Protect Yourself

Top Businesses to Invest In

Top 5 Things You Might Be Doing Wrong With Your Business

Top 5 Strategic Technology Trends in 2014

Top Rags to Riches Stories

Parenting Behavior That Promotes Future Leaders

Top 5 Mistakes Made by Small Businesses

Top 5 Most Common and Potentially Devastating Financial Blunders

Top 5 Highest Paying Jobs for Web Designers

Top 6 Most Respected Professions that Also Pay Well

Top 5 Pitfalls Investors Should Avoid

Top 6 Lawyers and Policy Makers Under 30

Top 6 New Year’s Resolutions for Entrepreneurs

Top 7 Locations to Check in on Facebook

Top 5 Mistakes made by Rookie eBay Sellers

Top 7 eBook Publishers in 2013

Top 6 Health Industry Trends in 2014

5 Lessons for Entrepreneurs from Seth Godin

Top 5 Success Tips from Jordan Belfort – the Wolf of Wall Street

Best Master’s in Finance Degree Programs

Top 6 Earning Celebrities Over 50

The most expensive sports to play

Top 7 Earning Celebrities Under 25

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 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!