April 3 (Reuters) – Top stocks to watch on Monday on Wall Street where index futures open up 0.31% for the Dow Jones but down 0.12% for the Standard & Poor’s-500 and down 0.64% for the Nasdaq:
* UNITED AIRLINES, AMERICAN AIRLINES, DELTA AIR LINES and SOUTHWEST AIRLINES fall between 0.8% and 1.4% in market foreclosure after OPEC+’s surprise announcement of further production cuts by the end of 2023 which pushes up oil prices, which is likely to increase the fuel bill for airlines.
* CHEVRON, EXXONMOBIL, OCCIDENTAL PETROLEUM, CONOCOPHILLIPS, DEVON ENERGY, MARATHON OIL and APA advanced between 3.4% and 5% ahead of the stock market with the jump in crude prices following the announcement of OPEC+.
* TESLA reported record vehicle deliveries for the first quarter of 2023 on Sunday, but quarter-on-quarter sales growth was modest due to growing competition and the gloomy economic outlook. The action lost 2.4% before the market.
* MCDONALD’S temporarily closed its offices in the United States in order to inform its employees of planned layoffs as part of a broader restructuring of the group, the Wall Street Journal reported on Sunday, citing an internal email sent last week to employees Americans and certain international employees.
* ENDEAVOR, WWE – Endeavor, the parent company of the UFC mixed martial arts franchise, is in advanced talks to acquire American professional wrestling group World Wrestling Entertainment Inc (WWE) in an all-out transaction. shares, according to people familiar with the matter.
* OVINTIV – The U.S. oil and gas producer is set to reach an agreement to acquire oil exploration and production assets in the Permian Basin from private equity firm EnCap Investments for $100,000. about $4 billion, including debt, people with knowledge of the matter said Sunday. The action gains 5.18% in pre-market.
* WESTERN DIGITAL – The maker of data storage devices said on Monday it was reviewing a network security incident, after a breach in certain systems disrupted parts of its business operations.
* APELLIS – The biotech company has attracted interest from major drugmakers in a takeover and is meeting with advisers to explore its options, Bloomberg News reported on Sunday, citing people with knowledge of the matter. The action gains 10.7% in pre-market.
* BED BATH & BEYOND — Mark Tritton, who was ousted as chief executive of the struggling home goods retailer last June, filed a lawsuit in New York state court on Friday accusing the company of failing to honor its $6,765,000 severance deal. (Written by Diana Mandiá, edited by Blandine Hénault)
