Among the companies with shares expected to actively trade in
Monday's session are O'Reilly Automotive Inc. (ORLY) and Nabors
Industries Ltd. (NBR)
O'Reilly boosted its share buyback capacity to $2.5 billion, the
latest in the auto-parts retailer's shareholder-friendly moves.
Shares were up 1% to $85.50 after hours.
Fitch Ratings downgraded Nabors, as the oil-field services
company is squeezed by a shift in the industry. Shares were off
1.3% to $15.04 after hours.
Watchlist:
Fitch Ratings lowered its outlook on Avon Products Inc. (AVP),
saying the beleaguered cosmetic company's turnaround will take
longer than expected.
BP PLC (BP.LN, BP) has agreed to sell two processing plants and
pipelines in the Texas Panhandle to Eagle Rock Energy Partners LP
(EROC) for $227.5 million in cash, as it focuses its North American
business in other areas.
C.H. Robinson Worldwide Inc. (CHRW) had added 10 million shares
to its share-repurchase program as the logistics company looks to
boost shareholder return.
Standard & Poor's Ratings raised its outlook on Dean Foods
Co. (DF) to positive from stable, pointing to the dairy company's
improved operating results and expectations it could reduce debt
further after its spins off its WhiteWave-Alpro business.
-Write to Nathalie Tadena at nathalie.tadena@dowjones.com
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