Stock Market

Stocks to Watch: Covidien, Medtronic, are stocks to watch

MADRID (MarketWatch) — Among the companies whose shares are expected to see active trading in Monday’s session are Medtronic Inc. and Covidien PLC , as well as Layne Christensen Co.

Medtronic
MDT,
-1.24%

 announced a deal on Sunday to buy Ireland-based Covidien PLC
US:COV
in a $42.9 billion cash-and-stock deal.  

Layne Christensen
US:LAYN
 is projected to report a loss of 36 cents a share in the first quarter, according to a consensus survey by FactSet. The company’s water infrastructure segment is expected to show improvement, but its mineral services operations faces another difficult year, analyst Gerard Sweeney at Boenning & Scattergood said in a recent report.

Executive recruiter Korn/Ferry
KFY,
-4.10%

 is forecast to earn 39 cents a share in the fourth quarter.

With the World Cup 2014 under way in Brazil, here are World Cup-related stocks to keep an eye on even if you aren’t a soccer fan. See 10 U.S. stocks to watch during the World Cup.

1. Walt Disney Co.
DIS,
-1.16%

 

2. & 3. Ford Motor Co.
F,
-4.40%

 & General Motors Co.
GM,
-3.55%

 

4. Nike Inc.
NKE,
-0.22%

 

5 & 6. Twitter Inc.
US:TWTR
 and Facebook Inc.
US:FB
 

7. Coca-Cola Co.
KO,
-0.46%

 

8 & 9. McDonald’s Corp.
MCD,
-1.25%

 and Visa Inc.
V,
-0.03%

 

10. 21st Century Fox Inc.
FOXA,
-0.64%

 

More must-reads from MarketWatch:

Five gauges that could signal a stock-market correction

U.S. to meet with Iran on Iraq situation

8 Social Security basics you need to know

Articles You May Like

Louisiana enacts anti-ESG measure targeting underwriters
Apple set to be first Big Tech group to face charges under EU digital law
Why markets like to see new political faces
Warren Buffett buys Occidental shares for 9 straight days, pushes his stake to nearly 29%
Fed’s Mester sees inflation risks to upside despite better data