El Paso Corporation (EP) leads our list of stocks to watch this morning, as it agrees to be bought by rival Kinder Morgan (KMI) in a $21 billion cash deal that combines the two largest natural gas pipeline operators in North America.
Sprint Nextel (S) could also be a stock to watch today, as the company says it set a single-day device sales record Friday as the iPhone 4S went on sale at its stores.
Research In Motion (RIMM) is offering BlackBerry users free premium apps, normally costing more than $100, to appease customers upset by last week's service disruptions.
Rio Tinto (RIO) is putting an estimated $8 billion in aluminum assets up for sale, signaling a retreat from that business just four years after buying Alcan for $38 billion.
State Street (STT) could see some upside action today as billionaire investor Nelson Peltz's Trian Group calls for changes, including a spinoff of the investment management business.
And Eastman Kodak (EK) is licensing thousands of its patents to Imax in a deal that will supply the troubled company with millions of dollars.
Monday, October 17, 2011
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