Stocks - Worldpay, Deutsche Rise in Pre-market; Boeing, Walt Disney Fall
Investing.com - Stocks in focus in premarket trade Monday:
· Boeing (NYSE:BA) slumped 2.2% by 8:15 AM ET (12:15 GMT) on the news that data from the Ethiopian Air jet that crashed earlier this month suggests similarities with an earlier crash off Indonesia. The U.S. Department of Transportation is investigating the Federal Aviation Administration's approval of Boeing’s 737 Max 8.
· Worldpay (NYSE:WP) surged 11.5% after Fidelity National Information Services agreed to buy it by for $35 billion in cash and shares, plus another $7 billion in debt.
·Deutsche Bank (NYSE:DB) rose 4.9% after confirming at the weekend it had opened merger talks with its German rival Commerzbank (OTC:CRZBY).
. Tesla (NASDAQ:TSLA) was up 0.5% after it dropped its mid-range battery option from its Model 3.
· Pacific Gas & Electric (NYSE:PCG) dropped 0.8% as the troubled utility company comes closer to naming a new CEO and board.
· Caesars Entertainment (NASDAQ:CZR) jumped 4.7% after news that it is in talks on a possible merger with with U.S. casino operator Eldorado Resorts.
· Amazon.com (NASDAQ:AMZN) stock inched up 0.2% amid news that it received the final approval for its second headquarters deal in Virginia.
· Walt Disney (NYSE:DIS) stock fell 1.5% as the company announced preliminary consideration results by 21st Century Fox shareholders for the $71 billion asset sale. Around 52% elected to receive cash, while 36% elected to receive stock in New Disney.
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