Schlumberger buys Cameron; Transocean's oil woes; Abercrombie, Express surprise

Now here are some of the stocks the Yahoo Finance team will be watching for you today.

Cameron International (CAM) The oil well services and equipment company is being bought by larger rival Schlumberger (SLB) for $14.8 billion dollars in cash and stock. That prices Cameron's shares at more than $66...they closed at $42.47 yesterday.

Transocean (RIG) The world's biggest offshore oil rig owner is asking shareholders to vote to cancel the company's third and fourth quarter stock dividends of 15 cents a share. Transocean points to deterioration of the offshore drilling market and concerns regarding the timing of the market's recovery.

Oshkosh Corporation (OSK) The maker of big trucks and military vehicles has just been given a $6.7 billlion contract from the Pentagon to produce the next generation of ground vehicles to replace the aging Humvee. Oshkosh will make 17,000 of what are known as Joint Light Tactical Vehicles for the Army and Marine Corp.

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Abercrombie & Fitch (ANF) The casual clothing chain surprised the street with earnings excluding certain items of 12 cents a share...analysts were looking for a 4 cent loss. Revenue also beat estimates. Abercrombie & Fitch says the results exceeded its own expectations and shows the company is on the right track.

Express (EXPR) The specialty clothes retailer topped estimates for both profit and revenue in its fiscal third quarter. Express says net sales soared 11% and comparable sales were up 7%...with online purchases rising 21%.

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