•  Charles River (NYSE:CRL) announced plans to acquire China’s WuXi PharmaTech (NYSE:WX) for $21.25 in cash and common shares, a deal valued at $1.6 billion

•  Hertz (NYSE:HTZ) plans to buy Dollar Thrifty (NYSE:DTG) for $41, 80% in cash and 20% in stock, for $1.2 billion total

•  Citigroup (NYSE:C) filed a prospectus on its 7.7 billion share government holdings, which now frees the government to sell those shares

•  Caterpillar (NYSE:CAT) reported better-than-expected earnings of 50 cents, up from Zacks projections of 39 cents, on revenues of $8.24 billion, which fell short of Zacks estimates of $8.66 billion. The company said it sees full year earnings of $2.50 to $3.25 a share

•  Whirlpool (NYSE:WHR) reported much better earnings than expected with first quarter results of $2.13 well above Zacks estimates of $1.30 and last year’s 91 cents. Revenues also topped consensus projections at $4.27 billion ahead of estimates of $3.81 billion. Guidance was substantially improved, up from $6.50-$7.00 to $8.00-$8.50

•  BlackRock (NYSE:BLK) posted earnings of $2.40, which fell short of Zacks estimates for $2.44, on revenues of $2 billion, which missed estimates of $2.1 billion

•  Goldman Sachs (NYSE:GS) maintained its Conviction Buy on Nike (NYSE:NKE), raising its price target up to $85 from $80

•  JP Morgan (NYSE:JPM) downgraded shares of Baxter (NYSE:BAX) to “neutral” from “overweight,” lowering the target price from $60 to $55

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