Tomahawk, WI 7/23/12 (StreetBeat) -- McDonald's (MCD), the fast-food giant, is expected by analysts Monday to post second-quarter profit of $1.38 a share on sales of $6.94 billion.Germany's Bayer and Onyx Pharmaceuticals (ONXX) said Monday that Tarceva, a jointly produced drug, in combination with Nexavar tablets for the treatment of hepatocellular carcinoma, a type of liver cancer, failed in further improvement of overall survival.
NRG Energy NRG said Sunday it reached a deal to buy GenOn Energy (GEN) for $1.7 billion in stock.
The merger creates the largest U.S. independent power producer.
Halliburton (HAL) is expected by analysts Monday to post second-quarter earnings of 75 cents a share on revenue of $6.93 billion.
Chipmaker Texas Instruments (TXN), according to analysts, will post second-quarter profit of 41 cents a share on revenue of $3.35 billion.
Texas Instruments posts numbers after Monday's closing bell.
Hasbro (HAS), the toy maker, is seen by analysts posting quarterly earnings on Monday of 24 cents a share on revenue of $832 million.
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