Among the companies with shares expected to actively trade in
Monday's session are Diamond Foods Inc. (DMND) and Nexen Inc. (NXY,
NXY.T).
Diamond Foods Inc. swung to a fiscal fourth-quarter loss amid a
series of charges related to the struggling snack-foods company's
accounting-scandal investigation and a plant closure. Shares
dropped 3.8% to $14.24 after hours.
Canada approved Cnooc Ltd.'s (CEO, 0883.HK) $15.1 billion
takeover bid for oil-sands operator Nexen Inc. (NXY, NXY.T),
clearing one of the biggest hurdles for the Beijing-based energy
giant in completing what would be China Inc.'s biggest foreign
acquisition. It is also the most ambitious bid by a foreign
government-owned entity so far to enter North America's booming
energy industry. Nexen shares jumped 15% to $27 after hours.
Watchlist:
American International Group Inc. (AIG) said it expects losses
from superstorm Sandy to reach around $1.3 billion after tax.
Goodyear Tire & Rubber Co. (GT) will transfer its
stock-exchange listing to the Nasdaq from the New York Stock
Exchange, the latest move in the heated battle for prominent stock
listings.
Energy-equipment maker Robbins & Myers Inc. (RBN) said that
antitrust reviews by U.S. and Canadian officials on the company's
planned acquisition by National Oilwell Varco Inc. (NOV) have been
extended, pushing the deal's proposed closing date into 2013.
Write to Nathalie Tadena at nathalie.tadena@dowjones.com
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