U.S. Hot Stocks: Hot Stocks to Watch

Among the companies with shares expected to trade actively in Monday's session is Precision Castparts Corp.

Warren Buffett's Berkshire Hathaway Inc. on Monday said it agreed to buy Precision Castparts for about $32 billion in cash in what would be the conglomerate's largest takeover ever. The offer of $235 a share is a 21% premium to Precision's closing price on Friday. Precision shares surged 19% to $231.10 premarket, while Berkshire's Class A shares slipped fractionally to $215,330.

Dean Foods Co.'s profit topped expectations in the second quarter as resilience in its pricing helped to offset declining volumes. Shares edged up 1.2% to $17.95 premarket.

Mallinckrodt PLC said Monday that it would buy privately held immunotherapy company Therakos Inc. for about $1.325 billion, the latest deal for the acquisitive pharmaceutical company. Mallinckrodt climbed 1.6% to $102 a share in light premarket trading.

Rentech Nitrogen Partners LP has agreed to merge with CVR Partners LP in a $533 million deal that will create a large player in the North American nitrogen fertilizer industry. Rentech shares surged 21% to $12.44 in light premarket trading.

 
   Other stocks in focus: 

Apollo Education Group Inc. said Friday it had received a subpoena from the California attorney general seeking information about marketing by its University of Phoenix unit to members of the military and the National Guard. For-profit colleges have been under scrutiny in recent years from claims that they are overcharging students for educations that aren't producing long-term results.

Endo International PLC on Monday reported better-than-expected earnings in its second quarter, as the company's sales received a boost from recent acquisitions.

Sysco Corp. said profit in its latest quarter fell, as the company booked charges stemming from its abandoned plan to acquire rival US Foods Inc. The bottom line still topped analysts' expectations.

Write to Maria Armental at [e-mail]

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