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Early Movers: THC, GOOG, MSFT & More

Monday, 24 Jun 2013 | 8:26 AM ET

Check out which companies are making headlines before the bell on Monday:

Tenet Healthcare - The health-care company said it is acquiring Vanguard Health Systems for about $4.3 billion, including debt, in an effort to expand into new geographies.

Google - JPMorgan raised its target price on the search-engine giant to $1,025 from $860. Separately, Google confirmed over the weekend that the Federal Trade Commission will examine whether the acquisition of the Israeli navigation app company for $1.1 billion conforms with U.S. antitrust law.

(Read More: Earnings Season Already Looks Like a Train Wreck)

Microsoft - CEO Steve Ballmer is likely to unveil his plans to restructure the tech giant to a larger group of senior execs by July 1, according to technology website AllThingsD, citing sources familiar with the situation.

Deere - JPMorgan lowered its rating on the agricultural machinery manufacturer to "underweight" from "neutral."

Theravance - The FDA approved the biopharmaceutical company's antibiotic lung drug, Vibativ, to treat patients with pneumonia caused by a certain type of bacteria.

—By CNBC's JeeYeon Park (Follow JeeYeon on Twitter: @JeeYeonParkCNBC)

Questions? Comments? Email us at marketinsider@cnbc.com

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THC
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THRX
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Featured

  • Patti Domm

    Patti Domm is CNBC Executive Editor, News, responsible for news coverage of the markets and economy.

  • A CNBC reporter since 1990, Bob Pisani covers Wall Street from the floor of the New York Stock Exchange.

  • Sharon Epperson is CNBC's senior commodities and personal finance correspondent.

  • JeeYeon Park is a writer for CNBC.com. Follow her on Twitter: @JeeYeonParkCNBC

  • Rick Santelli joined CNBC Business News as an on-air editor in 1999, reporting live from the floor of the Chicago Board of Trade.

  • Senior Producer at CNBC's Breaking News Desk.

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