U.S. Hot Stocks: Hot Stocks to Watch

Among the companies with shares expected to actively trade in Tuesday's session is Cooper Cos. (COO).

Cooper agreed to buy Sauflon Pharmaceuticals Ltd. for about $1.2 billion. The deal would strengthen Cooper's presence in the fast-growing segment of disposable contact lenses. Shares edged up 3.2% to $139.90 premarket.

 
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Alere Inc. (ALR) said its chief executive and two other top executives resigned effective immediately as part of the health-care diagnostics company's strategic review. Chief Operating Officer Namal Nawana will replace Ron Zwanziger as CEO and president of the company on an interim basis.

Gentiva Health Services Inc. (GTIV) said its board had unanimously rejected Kindred Healthcare Inc.'s (KND) latest takeover bid, calling it "grossly inadequate" and against the best interests of Gentiva stockholders.

L'Oreal SA (LRLCY) said its U.S. unit reached a proposed settlement with the Federal Trade Commission that would end an inquiry regarding advertising claims linked to two antiwrinkle products.

Pinnacle Foods Inc. (PF) formally terminated its merger agreement with Hillshire Brands Co. (HSH) on Monday and will receive the agreed-upon $163 million breakup fee.

Red Robin Gourmet Burgers Inc. (RRGB) said it will eliminate the position of chief operating officer, joining a growing number of companies to eliminate the post.

Stone Energy Corp. (SGY) said it has reached a definitive agreement to sell its Gulf of Mexico conventional shelf properties to Talos Energy Offshore LLC for $200 million in cash.

Write to Maria Armental at [e-mail]

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