Market Minute: Suitors Circle Hulu; Yahoo Bets on Tumblr

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The business week starts with potential buyers circling around Hulu, while Yahoo makes a big bet on social media.

For the fourth week in a row, the Dow industrials (^DJI) and the S&P 500 (^GSPC) begin the week at record highs. The Dow gained 1.6 percent last week, the S&P jumped 2 percent and the Nasdaq composite index (^IXIC) rose 1.8 percent.

Hulu
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The video site Hulu continues to attract interest. Reports say DirecTV (DTV) is considering a bid. Time Warner Cable (TWC), Yahoo (YHOO) and several private groups have also expressed interest. Hulu owners Walt Disney (DIS), Comcast (CMCSA) and News Corp. (NWS) have been weighing options, including the sale of the business.

Yahoo has agreed to buy the Tumblr. Published reports say the deal is worth $1.1 billion. Tumblr has more than 100 million users, but so far it has generated very little revenue. The deal is seen as a bold move by Yahoo to seek a younger audience.

Generic-drug maker Actavis (ACT) has agreed to acquire Warner Chilcott (WCRX) for $8.5 billion. Warner Chilcott makes health-care products aimed at women. The deal comes as Actavis itself has been the subject of buyout efforts from Valeant Pharmaceuticals (VRX) and Mylan (MYL).

And the consulting firm Accenture (ACN) has agreed to buy Acquity (AQ), a digital marketing company, for $316 million. Acquity shares doubled on the deal.

United Airlines today will fly passengers to Chicago from Houston on a 787 Dreamliner. It's the first domestic commercial flight for the Boeing Dreamliner since it was grounded in January following a series of safety incidents involving the plane's battery system. On board the flight today -- the CEOs of both United Continental Holdings (UAL) and Boeing (BA).

Goldman Sachs (GS) has downgraded its rating on Deere (DE) to "sell." It sees a downside risk to the farm equipment maker's earnings this year.

And General Electric (GE) says it will receive $11 billion in dividend and special dividend payout from its GE Capital unit this year.

-Produced by Drew Trachtenberg

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7 Companies That Behave Like 'Star Trek' Aliens
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Market Minute: Suitors Circle Hulu; Yahoo Bets on Tumblr

(AAPL)

The late Steve Jobs ran as hot and cold as Spock's half-human heart while burning with a passion for perfection. The Apple culture he left behind offers little room for the illogical.

Star Trek race: Vulcan.

(BBRY)

This once-mighty smartphone empire has fallen into disrepair like the slums of Kronos, yet packs plenty of punch in the new Z10 handset. Still, the company's best days may be behind it.

Star Trek race: Klingon.

(CSCO)

Is there a tech titan with a bigger appetite than Cisco, which is well known for absorbing start-ups into its data networking empire? According to its investor relations website, this year alone, the company has already assimilated four companies.

Star Trek race: The Borg.

(EBAY)

The world's biggest garage sale is home to millions of greedy bargainers looking to make a deal. Or better yet, a steal. Watch out you don't get sniped.

Star Trek race: Ferengi.

(FB)

In just nine years, the social network has grown to serve roughly one-seventh of the population of Planet Earth. You'd have to travel to another galaxy to find a species that multiplies faster.

Star Trek race: Tribble.

Photo: YouTube.com

(GOOG)

Unruly, chaotic, but finding a way to grow despite varying and intermittent flaws in its products and business strategy. (Cough) Google Wave (cough). Not even an intoxicated Zefram Cochrane could keep these rebels from getting to warp.

Star Trek race: Human.

(MSFT)

Extremely powerful warmongers with a reputation for creating some of the universe's most powerful technology. To this day, Windows is like the cloaking device of the tech industry. Despite this, Microsoft's adversaries -- e.g., Apple -- have a  habit of beating the odds and defeating it.

Star Trek race: Romulan.

Like the "Star Trek" universe, the business world offers abundant of opportunities to explore. Weigh in below with your nominees for the most Khan-like company on Earth.
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