Among the companies with shares expected to actively trade in
Monday's session are Dollar General Corp. (DG), Family Dollar
Stores Inc. (FDO) and JinkoSolar Holding Co. (JKS).
Dollar General made an $8.95 billion counterbid on Monday for
rival Family Dollar, topping the offer made three weeks ago by
Dollar Tree Inc. (DLTR). Shares of Family Dollar climbed 4.9%
premarket, while shares of Dollar General jumped 10.6% premarket.
Shares of Dollar Tree fell 1.5% premarket.
JinkoSolar said its second-quarter earnings surged, marking the
Chinese solar-product maker's fifth-straight quarter of profit as
shipments of solar products increased sharply. Shares rose 1.4%
premarket.
China Mobile Games and Entertainment Group Ltd. (CMGE) said it
swung to a profit in the second quarter as its revenue more than
tripled from a year earlier. Shares jumped 8.9% premarket.
Fabrinet (FN) said its Audit Committee began an internal
investigation in the latest quarter into certain accounting issues
that were discovered by management, and as a result is postponing
its fourth-quarter and fiscal-year earnings release. It has
notified the Securities and Exchange Commission of the internal
investigation. Shares fell 18% premarket.
Watch List:
Community Health Systems Inc. (CYH) said its computer network
was a target of an external criminal cyberattack in April and June
that affected data related to some 4.5 million individuals. The
company said it is notifying affected patients and would offer them
identity-theft protection services. Shares were inactive
premarket.
Ingersoll-Rand PLC (IR) said it will acquire the assets of
Cameron International Corp.'s Centrifugal Compression division for
$850 million, in an effort to expand its portfolio of compression
products and services. Shares were inactive premarket.
Barron's Watch List:
Shares of oilfield services company Schlumberger Ltd. (SLB)
could reach $145, a gain of more than 30% from recent levels,
according to a report in Barron's, which cited factors including
recent acquisitions and cost-control efforts. Shares rose 1.8%
premarket.
Write to Erin McCarthy at erin.mccarthy@wsj.com
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