June 29, 2024

Covidien, Medtronic, are stocks to watch

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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,
+0.68%
 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,
+5.51%
 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,
+2.03%
 

2. & 3. Ford Motor Co.
F,
+5.75%
 & General Motors Co.
GM,
+5.32%
 

4. Nike Inc.
NKE,
+1.92%
 

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

7. Coca-Cola Co.
KO,
-0.12%
 

8 & 9. McDonald’s Corp.
MCD,
+0.40%
 and Visa Inc.
V,
+0.73%
 

10. 21st Century Fox Inc.
FOXA,
+1.99%
 

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