Market Roundup

Shares of MetLife Inc

gained about 0.8% after Franco-Belgian financial services group Dexia SA

agreed to sell its Turkish life insurance business to MetLife for 162 million euros ($229.3 million). The transaction is likely to close by the end of 2011. MetLife will buy Dexia's 99.86% stake in DenizEmeklilik, the life insurance and pension unit of DenizBank. Dexia bought Denizbank in 2006. Shares of Stanley Black & Decker Inc

gained about 0.35% after the company offered to buy all of the outstanding common stock and warrants of Niscayah AB

for $1.2 billion, including debt. The offer represents a 47% premium to Niscayah's closing price before the offer on May 16 and a 15% premium to Niscayah's closing price on June 23. The independent committee of Niscayah's Board has recommended that shareholders and warrant holders accept the offer, Stanley Black & Decker reported. Shares of Nike Inc

gained about 1.8% as the company is all set to report its quarterly earnings after the closing bell. Nike is projected to report its FQ4 EPS at $1.16 on revenue of $5.54 billion. Shares of GSV Capital Corp

jumped about 25% after the company acquired 225,000 shares of privately-held Facebook for $6.6 million or $29.28 per share. Shares of Continucare Corp

jumped about 31.2% after Metropolitan Health Networks Inc

announced its plans to buy Continucare for around $416 million in cash and stock. Under the deal, CNU's stakeholders would receive $6.25 in cash for each share of common stock and a 0.0414 share of MDF. The deal valued Continucare at $6.45 per share, representing around 24% premium to CNU's three-month price average. The deal is likely to close in the third quarter and add to MDF's earnings by 2012.