Market Overview

Must Watch Stocks for June 20, 2016

Share:
Must Watch Stocks for June 20, 2016

Some of the stocks that may grab investor focus today are:

Mosaic Co (NYSE: MOS) is said to be in talks to acquire Vale SA (ADR) (NYSE: VALE) fertilizer unit, according to sources as reported by Reuters on Friday. Vale's fertilizer assets could bring up to $3 billion in a sale, sources said. Vale shares gained 0.90 percent to close at $4.46 on Friday, while Mosaic shares declined 0.13 percent to $26.71 in after-hours trading.

Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.

Monolithic Power Systems, Inc. (NASDAQ: MPWR) reported a quarterly dividend of $0.20 per share, in line with the previous payout. The company said its Board approved the 2015 compensation of executive officers, it re-elected three directors, and ratified the appointment of independent auditors for the ongoing year. Monolithic Power Systems shares declined 1.47 percent to close at $67.90 on Friday.

On Friday, Albemarle Corporation (NYSE: ALB) announced plans to sell its Chemetall Surface Treatment business to Germany's BASF SE (ADR) (OTC: BASFY) for around $3.2 billion in cash. BASF shares declined 0.65 percent to close at $76.75 on Friday, while Albemarle shares rose 0.23 percent to $82.99 in the after-hours trading session.

Posted-In: Stocks To WatchM&A News Dividends Pre-Market Outlook Markets Trading Ideas

 

Related Articles (MOS + VALE)

View Comments and Join the Discussion!
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com