Among the companies with shares expected to actively trade in
Tuesday's session is Cooper Cos. (COO).
Cooper agreed to buy Sauflon Pharmaceuticals Ltd. for about $1.2
billion. The deal would strengthen Cooper's presence in the
fast-growing segment of disposable contact lenses. Shares edged up
3.2% to $139.90 premarket.
Watch List:
Alere Inc. (ALR) said its chief executive and two other top
executives resigned effective immediately as part of the
health-care diagnostics company's strategic review. Chief Operating
Officer Namal Nawana will replace Ron Zwanziger as CEO and
president of the company on an interim basis.
Gentiva Health Services Inc. (GTIV) said its board had
unanimously rejected Kindred Healthcare Inc.'s (KND) latest
takeover bid, calling it "grossly inadequate" and against the best
interests of Gentiva stockholders.
L'Oreal SA (LRLCY) said its U.S. unit reached a proposed
settlement with the Federal Trade Commission that would end an
inquiry regarding advertising claims linked to two antiwrinkle
products.
Pinnacle Foods Inc. (PF) formally terminated its merger
agreement with Hillshire Brands Co. (HSH) on Monday and will
receive the agreed-upon $163 million breakup fee.
Red Robin Gourmet Burgers Inc. (RRGB) said it will eliminate the
position of chief operating officer, joining a growing number of
companies to eliminate the post.
Stone Energy Corp. (SGY) said it has reached a definitive
agreement to sell its Gulf of Mexico conventional shelf properties
to Talos Energy Offshore LLC for $200 million in cash.
Write to Maria Armental at maria.armental@wsj.com
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