Hot Stock Activity Before The Bell March 18th

Global markets have rallied overnight on the news of a G7 currency market intervention to weaken the yen. The Nikkei surged, European markets are in the green, and U.S. futures indicate a positive open.

There’s no resolution to the crisis in Fukushima, so expect those headlines to remain front an center in traders’ minds today. Air strikes in Libya are likely to commence soon, and French officials have described them as imminent.

On a micro level, several small M&A deals have been announced overnight, including General Mills (NYSE:GIS) acquisition of Yoplait and Quest Diagnostics’ (NYSE:DGX) purchase of genetics testing firm Celera (NASDAQ:CRA).

ACQUISITION: General Mills (NYSE:GIS) buys Yoplait for $2.2 billion.

ACQUISITION: General Mills buys Yoplait for $2.2 billion.

Closing Price: $36.13

ACQUISITION: Quest Diagnostics (NYSE:DGX) buys Celera (NASDAQ:CRA) for $344 million.

ACQUISITION: Quest Diagnostics buys Celera for $344 million.

Closing Price: $54.20Via CNBC

FUKUSHIMA IMPACT: Six Sony (NYSE:SNE) plants, producing items like lithium-ion batteries, remain shut in the wake of the country’s disaster.

FUKUSHIMA IMPACT: Six Sony plants, producing items like lithium-ion batteries, remain shut in the wake of the country's disaster.

Image: Dan Frommer, Business Insider

Closing Price: $31.40

FUKUSHIMA IMPACT: GE (NYSE:GE) struggling to help plant operators solve reactor crisis; it built two of the reactors at the facility.

FUKUSHIMA IMPACT: GE struggling to help plant operators solve reactor crisis; it built two of the reactors at the facility.

Image: TEPCO via Yomiuri

Closing Price: $19.22

EARNINGS OUTLOOK: Barclays (NYSE:BCS) lowers Nike (NYSE:NKE) EPS estimates for 2011 and 2012.

EARNINGS OUTLOOK: Barclays lowers Nike EPS estimates for 2011 and 2012.

Image: NiceKicks.com

Closing Price: $85.41

UPGRADE: Citi (NYSE:C) upgrades Janus Capital Group (NYSE:JNS) to hold from sell.

UPGRADE: Citi upgrades Janus Capital Group to hold from sell.

Closing Price: $11.67

UPGRADE: Deutsche Bank (NYSE:DB) upgrades Siemens (NYSE:SI) from hold to buy.

UPGRADE: Deutsche Bank upgrades Siemens from hold to buy.

Closing Price: $125.66

DOWNGRADE: Morgan Stanley (NYSE:MS) cuts price target on ROVI (NASDAQ:ROVI).

DOWNGRADE: Morgan Stanley cuts price target on ROVI.

Closing Price: $54.42

PRE-MARKET DROP: Vodafone (NASDAQ:VOD) shares down in the pre-market.

PRE-MARKET DROP: Vodafone shares down in the pre-market.

Image: AP

Closing Price: $27.65

PRE-MARKET SURGE: Celera (NASDAQ:CRA) shares up nearly 30% on takeover news.

PRE-MARKET SURGE: Celera shares up nearly 30% on takeover news.

Image: Wikimedia Commons

Closing Price: $6.27 Check out more cool stories at Business Insider >>

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