Here are the companies Yahoo Finance is watching today.
A big deal in the works for Deutsche Bank (DB). It's in talks with German rival Commerzbank for a potential merger. Deutsche says the talks are part of a strategic review. The combined company would control nearly $2 trillion dollars in assets.
Marriott (MAR) is laying out its ambitious plan to add hundreds of thousands of rooms to its portfolio. The hotel giant says it plans to open more than 1,700 hotels over the next three years. That means upwards of 275,000 new rooms, to the tune of $400 million dollars in new revenue.
Utility giant PG&E (PCG) could soon be making some major changes. The Wall Street Journal says the company is close to naming a new CEO, and adding a new slate of independent board members. It's been without a CEO since Geisha Williams stepped down in January, just before the California utility filed for bankruptcy.
The global payment platform, Worldpay (WP), is getting bought up. Fidelity National Information Services is acquiring Worldpay in a $43 billion dollar deal. The buyout marks one of the biggest buyouts in the payments sector, which is facing increasing pressure to cut costs, develop products and reach new customers.
Southwest Airlines (LUV) and its mechanics union could be reaching a deal to end their long-running labor dispute. The five year contract, which still needs to be voted on, would give mechanics a 20% raise and about $160 million dollars in bonuses. The agreement comes after six years of ongoing negotiations.