Here are some of the stocks the Yahoo Finance team will be watching for you today.
Anheuser-Busch InBev (BUD) has finally convinced SAB Miller to agree on key terms for a beverage mega merger. The deal values SABMiller, brewer of Miller Lite, Coors, and Peroni among others, at over $104 billion. If the deal gets the green light from regulators and shareholders, it would create a beer giant that would produce one of every three beers sold worldwide.
Johnson & Johnson (JNJ) reported earnings per share that topped analysts' estimates, but revenue was slightly shy of forecasts as a stronger dollar hurt sales. J&J also raised its profit outlook for the year and said it would a buy back up to $10 billion worth of common stock.
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Intel (INTC) is also on investors’ earnings radar. Wall Street will be closely examining third quarter results from the world's largest chipmaker after the close of trading today to gauge the strength of the PC market. Analysts are looking for Intel to earn $0.59 a share. That's down from $0.66 a share a year earlier. Revenue is also expected to fall slightly from a year ago to $14.22 billion.
Another sign it has been a rough year for the hedge fund industry. Fortress Investment Group (FIG) announced it will close its flagship Macro Hedge fund and return all capital to investors by the end of the year.
FMC (FMC) the pesticide company warned that the drop in the value of the Brazilian Real will hurt full-year earnings and it will slash up to 850 jobs, or about 12% of its workforce.
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