Stocks to Watch: Caterpillar, Yahoo!, TI
NEW YORK -- Caterpillar(CAT) , the heavy construction-equipment maker, is expected by analysts Monday to post third-quarter earnings of $2.23 a share on revenue of $16.79 billion.
Yahoo! (YHOO) , the Internet company, is seen reporting third-quarter profit of 26 cents a share on revenue of $1.08 billion.
Yahoo! is expected to issue its report after the close of trading Monday.
Texas Instruments (TXN) , the chipmaker, is expected by analysts Monday to post quarterly profit of 45 cents a share, down from 60 cents a share a year earlier, on revenue of $3.34 billion.
BP (BP) , the U.K. oil company, confirmed Monday it's in advanced talks about selling its stake in TNK-BP to Rosneft, Russia's state-controlled oil company, in a deal of about $30 billion.
Ancestry.com (ACOM) , the genealogy Web site, has agreed to be acquired by an investor group led by European private-equity firm Permira for about $1.6 billion, or $32 a share, The Wall Street Journal reported, citing people familiar with the deal.
Shares of Ancestry.com closed Friday at $29.18.
-- Written by Joseph Woelfel
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