Solar Company Valued at $1 Billion
Power-One, a maker of solar inverters, agreed to be purchased for $6.35 a share by ABB. That's a nice premium to Friday's close, and PWER surges more than 50 percent before the bell on my tradeMONSTER platform.
Halliburton Earnings, Revenue Beat the Street
Halliburton earned $0.67 a share in the first quarter on revenue of $6.97 billion. Analysts had only expected $0.57 and $6.88 billion, respectively. That beat has HAL up by some 4 percent in early trading.
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