Stocks in focus in pre-market trade Monday:
· Walmart (NYSE:WMT) stock dipped 0.11% as of 8:20 AM ET (12:20 GMT) amid news that it is partnering with U.S. movie studio Metro Goldwyn Mayer to create content for its video-on-demand service Vudu.
· Apple (NASDAQ:AAPL) and Amazon (NASDAQ:AMZN) stock were down 0.04% and 0.51%, respectively, after the U.S. Department of Homeland Security saying it did not doubt the tech companies' claims that reports of Chinese spyware in their servers were false.
· Rowan Companies (NYSE:RDC) stock decreased 0.48% after the offshore drilling company announced it was merging with Ensco in a deal with an enterprise value of $12 billion.
· Apollo Commercial Real Estate Finance (NYSE:ARI) stock rose 3.59% after the company agreed to acquire a portfolio of equity investments from GE Capital’s energy financial services arm for $1 billion.
· Ford Motor (NYSE:F) stock is likely to see movement after the company announced on Friday that it is reorganizing its salaried workforce, resulting in lower headcount. It inched up 0.11% in premarket trading.
