Among the companies whose shares are expected to actively trade
in Thursday's session are Mosaic Co. (MOS), Yahoo Inc. (YHOO) and
Chesapeake Energy Corp. (CHK).
Mosaic plans to reduce its production of phosphates by as much
as 250,000 tons over the next three months on weakened demand.
Shares of the fertilizer producer fell 2.8% to $48.88
premarket.
Alibaba Group Holding Ltd. recently hired the lobbying firm
headed by former White House official Kenneth Duberstein as part of
its exploration of a possible bid for all of Yahoo, reported The
Wall Street Journal, citing a person familiar with the matter.
Shares of Yahoo climbed 1.5% to $16.02 premarket.
Chesapeake Midstream Partners LP (CHKM) agreed to buy midstream
assets in the Marcellus Shale ultimately owned by Chesapeake Energy
for $865 million. Chesapeake Energy shares added 1% to $22.88
premarket.
Watch List:
Payment-systems provider ACI Worldwide Inc. (ACIW) again
extended its tender offer for e-commerce company S1 Corp. (SONE),
though the deal lost significant shareholder support and the
companies are continuing to assist the Department of Justice in its
review of the proposed deal.
Alexion Pharmaceuticals Inc. (ALXN) agreed to acquire privately
held Enobia Pharma Corp. in a deal valued at up to $1.08 billion,
expanding Alexion's presence in the treatment of ultra-rare and
life-threatening diseases.
China Sky One Medical Inc. (CSKI) said Chief Financial Officer
Hongyu Pan has left the company for personal reasons, and a search
for his successor has begun.
Exar Corp. (EXAR) cut its revenue and non-GAAP gross margin
guidance for its fiscal third quarter due to weaker economic
conditions in Asia and Europe and continued inventory
corrections.
StellarOne Corp. (STEL) said it repaid a remaining $22.5 million
for preferred shares it issued to the government under the U.S.
Treasury's Troubled Asset Relief Program during the financial
crisis in late 2008.
-Edited by Ian Thomson and Corrie Driebusch; write to
ian.thomson@dowjones.com and corrie.driebusch@dowjones.com