Tomahawk, WI 9/19/2011 (PennyPayDay) – United Technologies, the provider of technology products and services to the building systems and aerospace industries, reportedly is exploring a takeover bid for Goodrich, the maker of landing gear, wheels, brakes, engine control systems and other products for airplanes.
Goodrich shares were surging 19.5% to $111 in premarket trading Monday.
Tyco International said it would separate into three publicly traded companies -- security business ADT North America, flow control products and services, and a commercial fire and security business.
Shares were gaining 7.8% to $47.10.
Netflix said it would rebrand its DVD-by-mail service as "Qwikster," as it separates the business from its movie streaming business.
Shares were tumbling 2.4% to $151.45.
General Motors has reached agreement with the United Auto Workers union on a new four-year labor contract covering the Detroit carmaker's 48,500 U.S. workers.
Shares were down 1.9% to $22.19.
UBS has launched an internal probe into the disastrous failure of its risk systems after rogue equity trades cost the Swiss bank $2.3 billion, Reuters reported.
Shares were falling 1.7% to $11.68.
Homebuilder Lennar said fiscal third-quarter profit declined 31% as home deliveries fell 3%.
Lennar earned $20.7 million, or 11 cents a share, in the third quarter, down from year-earlier earnings of $30 million, or 16 cents. The EPS figure met analysts' expectations.
Shares were rising 1.5% to $14.
Agnico-Eagle Mines agreed to buy junior natural resource company Grayd for C$2.80 a share, or about C$275 million ($281 million).
Agnico shares were rising 0.8% to $69.
Utility company Westar Energy increased its full-year adjusted earnings outlook to a range of $1.88 to $2.03 a share, above expectations, from $1.65 to $1.80 a share.
Shares were up 0.3% to $26.32.
Micron Technology , the maker of semiconductor devices, has been raised to neutral from sell at Goldman Sachs.
Shares were inching up 0.1% to $7.04.
Boeing suspended plans to make its first delivery of the 747-8 freighter to Cargolux amid unresolved issues with the airline.
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