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Time Warner Cable soars on Charter deal; Etsy falls on Amazon threat; Apple promotion

Here’s a look at some of the stocks the Yahoo Finance team will be watching for you today.

Time Warner Cable (TWC) shares are soaring in early trading. The cable TV provider is being bought by Charter Communications for $55 billion in cash and stock or $195 dollars a share. The deal will create a direct rival to Comcast (CMCSA), which abandoned its bid to buy Time Warner Cable amid regulatory pressure last month. Shares of Charter Communications (CHTR) were also higher on the news.

Etsy (ETSY) shares are lower this morning after the Wall Street Journal reported late Friday that Amazon (AMZN) is getting ready to launch an online crafts marketplace that would challenge Etsy. The Journal reports that Etsy sellers received invites offering them a sneak peek at Amazon's "Handmade."

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Apple (AAPL) shares are in focus this morning. The man behind the look and feel of the company's signature products such as the iPad, iPhone and Apple Watch is getting a promotion. Jony Ive is now taking the newly-created position of Chief Design Officer.  Apple says Ive will focus entirely on current design projects, new ideas and future initiatives.  He becomes only the third C-suite executive at the firm -- along with CEO Tim Cook and CFO Luca Maestri.

AutoZone (AZO) shares are on the move in the pre-market.  The auto parts retailer is reporting earnings per share for its fiscal third quarter topped analysts' estimates, while revenue came it just a bit shy of forecasts. Sales rose more than 6% from a year earlier thanks to strong domestic same-store sales growth.  The company said inventory also grew and it continued to buy back stock.

AstraZeneca (AZN) shares are lower in early trading. Amgen (AMGN) said late Friday it's ending its partnership with AstraZeneca to develop a psoriasis drug after some patients who took the experimental medicine experienced suicidal thoughts or behavior.

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