Hillshire Brands–Hillshire received an improved $55 per share takeover bid from Pilgrim's Pride, up from the original $45 and topping another bid from Tyson Foods of $50 per share. However, Hillshire said its prior agreement to buy Pinnacle Foods does not allow it to terminate that deal, a condition of both the Pilgrim's Pride and Tyson bids.
Las Vegas Sands, MGM, Wynn Resorts–A Deutsche Bank report cited by StreetInsider.com said Macau gaming revenue was up 9.3 percent in May, well below the firm's estimate of a 14.8 percent increase.
Krispy Kreme—The doughnut store chain matched estimates with first quarter profit of 23 cents per share, excluding certain items. However, revenue was light, and the company cut its full-year earnings guidance, in part because expenses related to technology upgrades.
Dollar General–The discount retailer reported quarterly profit of 72 cents per share, one cent short of estimates, with revenue also short of consensus. Dollar General points to poor winter weather and a competitive environment, among other factors, impacting its results.
New day high in the last 30 minutes.COUP