Among the companies with shares expected to actively trade in Monday's session are Orchard Supply Hardware Stores Corp. (OSH), Terex Corp. (TEX) and Zoetis Inc. (ZTS).

Orchard Supply Hardware filed for Chapter 11 bankruptcy protection Monday with plans to sell itself to Lowe's Cos. (LOW), subject to higher bids at auction. Lowe's is offering $205 million in cash for at least 60 of the fellow hardware chain's stores, an offer that Orchard will ask the U.S. Bankruptcy Court in Wilmington, Del., to let it put to the test at an auction. Orchard hopes to the complete a sale within 90 days. Orchard shares jumped 65% to $3.10 premarket.

Terex lowered its full-year 2013 guidance, with Chief Executive Ron DeFeo saying that "the level of sales growth has softened overall for Terex when compared with the increases we originally anticipated for 2013." Shares fell 13% to $27.52 premarket.

Zoetis Inc. will join the S&P 500 index, after Pfizer Inc. (PFE) splits off its remaining 80% stake in the animal-medicine company, and will replace First Horizon National Corp. (FHN), S&P Dow Jones Indices said. Zoetis's shares rose 2% to $31.40 premarket.

 
   Watchlist: 
 

ING Groep N.V. (ING, INGA.AE) agreed to sell ING Hipotecaria, its mortgage business in Mexico, to Grupo Financiero Santander Mexico S.A.B. de C.V. (BSMX, SANMEX.MX) for about $50 million in cash, as part of ING's effort to divest its insurance and investment-management businesses.

Standard & Poor's Ratings Services upgraded its rating on Lions Gate Entertainment Corp. (LGF), citing significant improvement in the movie studio's credit metrics since it closed its acquisition of Summit Entertainment last year.

Knight Capital Group Inc. (KCG) and Getco LLC have reached an agreement in principle to settle three class-action lawsuits from Knight stockholders that challenged the proposed merger of the two firms, Knight disclosed in a regulatory filing.

Standard & Poor's Rating Services raised the outlook for Lockheed Martin Corp. (LMT) to stable from negative, saying it believes the defense contractor will be able to generate significant free-cash flow despite lower demand from the U.S. government.

Pinnacle Entertainment Inc. (PNK) agreed to sell some properties in order to obtain U.S. Federal Trade Commission approval of its roughly $869 million acquisition of fellow casino-hotel operator Ameristar Casinos Inc. (ASCA).

PVR Partners LP (PVR) filed plans to offer up to $150 million of common units representing limited partner interests, as the company looks to raise funds for general partnership purposes. PVR, which owns coal and natural-resource properties as well as midstream natural-gas gathering and processing businesses, had a recent market capitalization of $3.19 billion, according to FactSet Research.

Standard & Poor's Ratings Services has placed the credit rating for Spectra Energy Corp. (SE) on watch for downgrade after the U.S. midstream-energy company said it would sell some assets to its master limited partnership.

Coal producer Walter Energy Inc. (WLT) confirmed it won't proceed with refinancing a portion of its existing debt.

Write to Anna Prior at anna.prior@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Terex (NYSE:TEX)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Terex Charts.
Terex (NYSE:TEX)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Terex Charts.