By Dow Jones Business News,
February 10, 2014, 09:15:00 AM EDT
Among the companies with shares expected to actively trade in Monday's session are AutoNavi Holdings Ltd. ( AMAP ),
Dick's Sporting Goods Inc. ( DKS ) and Supertex Inc. (SUPX).
AutoNavi, a Chinese digital maps and navigation company, received an offer from Chinese e-commerce giant Alibaba Group
Holding Ltd. to be taken private, valuing the company at $1.03 billion. Shares surged 27% to $21.05 premarket, topping
the $21 offer price.
Dick's Sporting said its fiscal fourth-quarter sales exceeded expectations, compelling the company to boost its
guidance for the full year and the period. Shares of the sporting-goods retailer were up 7.1% to $54.75 in premarket
Kite Realty Group Trust (KRG) agreed to merge with fellow real-estate firm Inland Diversified Real Estate Trust in a
stock-for-stock deal that will create a company worth $2.1 billion. Kite Realty shares climbed 5.7% to $6.50 premarket.
Microchip Technology Inc. (MCHP) agreed to acquire fellow semiconductor manufacturer Supertex for about $394 million
to strengthen its analog business. Shares surged 36% to $33.05 premarket, topping the offer price of $33 a share.
Electronic payments company ACI Worldwide Inc. ( ACIW ) trimmed its full-year guidance, citing its inability to finalize
several contracts that were expected to close in the fourth quarter.
American Airlines Group Inc. ( AAL ) reported passenger traffic rose 3.8% in January from a year earlier, led by growth
in in its international segment.
James River Coal Co. (JRCC) said it has tapped advisers to help the troubled Appalachian coal mining company explore a
potential sale and other strategic alternatives.
Jones Group Inc. ( JNY ) said its fourth-quarter loss narrowed as the footwear and apparel maker's lower costs offset a
continued decline in revenue. Adjusted earnings beat expectations.
McDonald's Corp. (MCD) said its global same-store sales improved 1.2% in January, with stronger performances in China
and Europe making up for softness in the U.S. The company last month forecast same-restaurant sales for January to be "
E.W. Scripps Co. (SSP) agreed to acquire two television stations, one in Detroit and another in Buffalo, N.Y., for a
combined $110 million from Granite Broadcasting Corp. (GRRP).
A treatment for a diabetic eye condition improved vision during a Phase 3 trial, Regeneron Pharmaceuticals Inc. (REGN)
and Bayer HealthCare said Monday.
SunEdison Inc. (SUNE) said Monday it will move its semiconductor crystal operations out of the U.S. and close its
polysilicon manufacturing facility in Merano, Italy, which will affect more than 300 employees.
Write to Lauren Pollock at email@example.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
Copyright (c) 2014 Dow Jones & Company, Inc.