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In the news: Google as activist target, Apple and Euro bonds and more

Monday headlines include: Google becoming a target for activism, Apple considering the sale of euro bonds, Diageo trades Bushmills for tequila, Toyota reporting another big increase in sales in China, and MetLife fighting against “SIFI” designation.

Google

Add internet giant Google (GOOGL) to the list of possible activist targets. Carlos Kirjner of Bernstein research, said in a Friday note that the company is expected to have more than $100 billion in cash by the end of 2016. That money would be earning less than 1 percent per year, which is likely to cause investors to want the company to pay them a dividend so they can get a higher return on their investment elsewhere.

Apple

Consumer electronics giant Apple (AAPL) will hold an investor call Monday ahead of a potential bond sale. According to the Wall Street Journal, the call was arranged by Deutsche Bank and Goldman Sachs. Apple is reportedly considering floating its first ever non-dollar bond, the company is believed to be considering selling euro-denominated debt.

Diageo

Alcoholic beverage firm Diageo (DEO) is swapping brands with Casa Cuervo, the privately owned tequila giant. INder the terms of the deal, Diageo will get full control of the Don Julio tequila brand, plis $408 million in cash. In return, Cuervo will receive the Bushmills brand of Irish whiskey.

Toyota Motors

Automaker Toyota (TM) said Monday that it sold 104,700 vehicles in China during October, a 27.1 percent increase from the year-ago period. The company reported a 26.1 percent year-over-year increase in September. So far in 2014, the company is on pace to increase sales by 13.3 percent from 2013.

MetLife

Top U.S. life insurer MetLife (MET) will appeal to financial regulators in the U.S. as it hopes to avoid being labeled a systemically important financial institution, which would subject it to increased regulation by the Financial Stability Oversight Council.

Bobby Raines

Bobby Raines is the Managing Editor of the Market Intelligence Center. He has degrees in Mass Communications and History from Emory & Henry College. Bobby worked at a mid-sized daily newspaper before making a switch to covering the financial industry full time in the years leading up to the financial crisis. He has been a member of the Fresh Brewed Media team since 2011 and has served as a writer and analyst. You can write to him at braines@marketintelligencecenter.com or follow him on Twitter: @BRatMICenter.