Mediaboss Marketing

By Mia Lamar

Among the companies with shares expected to actively trade in Tuesdays session are Amazon.com, Google and FedEx.

Amazon.com Inc. (AMZN) acquired publication rights from Avalon Books for more than 3,000 of its books, mostly in the romance, mystery and western genres.

Google Inc. (GOOG) agreed to buy privately held ad platform provider Meebo Inc. for an undisclosed sum, adding more developers to the Internet search giants social-media team.

FedEx Corp. (FDX) said it will permanently retire some of its widebody jets and take an $84 million charge against net profits in its latest quarter as its reconfigures its fleet in the face of sluggish domestic demand and still-high fuel prices.

Central European Distribution Corp.(CEDC) said it plans to restate its financial results for all periods from the past two years due to accounting errors related to retroactive trade rebates at the companys main subsidiary in Russia.

Galena Biopharma Inc. (GALE) said its treatment to reduce the recurrence of breast cancer improved survival rates in preliminary results from a long-term study. Shares were up 4.4% to $1.41 premarket.

Israel-based biopharmaceutical drug developer BioLineRx Ltd. (BLRX) said it has moved a step closer to receiving patents on its treatment for neuropathic pain. Shares jumped 12% to $2.60 premarket.

Opnext Inc.s (OPXT) board has determined that a technology-focused private-equity firms unsolicited offer to acquire the optical-components maker for $1.40 a share was not superior to Opnexts proposed merger with peer Oclaro Inc. (OCLR). Opnext shares were 13% to $1.10 premarket while Oclaro shares were unchanged at Mondays $2.31 close.

Layne Christensen Co.s (LAYN) fiscal first-quarter profit sank 71% as the drilling-services provider saw continued difficulties in its waterinfrastructure business.

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Stocks to Watch: Amazon, Google, FedEx