sell

Equity futures are pointing higher this morning with the Dow Jones Industrial Average looking to open 43 points higher while the broader S&P500 index is looking to open over 5 points higher. Moving fast in the pre-market sessi

Late Sunday, The Wall Street Journal reported that Jim Masser, head of the conglomerate's Rocketdyne unit, said selling the company was just one option under review and there have been no formal talks with possible bidders.

The future of the U.S.

United Technologies Corp. (NYSE:UTX) announced that it could sell its rocket-engine business as the industry faces an extended period of uncertainty following the end of NASA's shuttle program.

On the call side, Monster Worldwide (NYSE:MWW) calls are trading at close to 5.5 times their average volume on news of their new BeKnown service. Owens-Illinois (NYSE:OI) calls are not far behind at 5.3 times their average volume.

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The sale is projected to be completed in the fourth quarter of 2011, subject to regulatory approval and customary closing conditions. The financial terms of the transaction were not disclosed.

Sandler O'Neill & Partners, L.P.

Hampton Roads Bankshares, Inc. (Nasdaq:HMPR) announced today that it has entered into a definitive agreement with Southern National Bancorp of Virginia (Nasdaq:SONA) to sell all deposits and selected assets of the company's Gatewa

On the call side, ArcelorMittal (NYSE:MT) calls are seeing a lot of activity today, currently over 6 times their average volume after announcing some changes to its Group Management Board. Nexen (NYSE:NXY) calls are trading at ove

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Equity futures are pointing higher this morning with the Dow Jones Industrial Average looking to open 35 points higher while the broader S&P500 index is looking to open nearly 5 points higher.

BofA acquired the 34% stake in BlackRock when it took over Merrill Lynch during the financial crisis.

Bank of America shares are up 0.04%, or $0.01, to $11.70.

Shares of Bank of America (NYSE:BAC) are higher on a Bloomberg report that the bank agreed to sell its remaining stake in BlackRock (NYSE:BLK) for $2.5 billion. In all, BofA will sell 13.6 million shares to BlackRock for $187.65 a

The bank views ROST as an attractive growth story based on its growth above the industry average, margin momentum, an opportunity to fare well despite industry sourcing pressures, margin upside potential from inventory reduction a

Shares of Ross Stores are trading down 0.07% at $81.02.

UBS initiated coverage of Ross Stores (NASDAQ:ROST) with a buy rating and a $90 price target today.

The bank believes TJX's competitive advantages, including consistent margin performance, flexible business model, solid vendor relationships and strong cash generation compelling in the current environment.

TJX Cos has a potential upside of 1.9% based on a current price of $53.77 and an average consensus analyst price target of $54.8.

UBS initiated coverage of The TJX Companies (NYSE:TJX) with a buy rating and a $63 price target.

The bank sees 2011 EPS of $0.75, up from $0.73 per share, and 2012 EPS of $2.75, down from $2.90 per share.

Meritor Inc. has a potential upside of 27.3% based on a current price of $25 and an average consensus analyst price target of $31.83.

Morgan Stanley adjusted its 2011 and 2012 EPS estimates for Meritor Inc. (NASDAQ:MTOR) and maintained its overweight rating and $22 price target.