(Updated with futures, Merck, Teva, forecourt prices)
PARIS, Nov 21 (Reuters) – Key stocks to watch on Monday on Wall Street where futures are signaling a drop of 0.21% for the Dow Jones, 0.5% for the Standard & Poor’s-500 and 0. 78% for the Nasdaq:
* WALT DISNEY announced Sunday evening the return with immediate effect of its former general manager, Bob Iger, and the resignation of Bob Chapek, who had succeeded him at the head of the group in February 2020. The group gained 8% in exchanges in pre-market.
* Britain’s competition authority, the CMA, said on Monday it was examining whether BROADCOM’s $61 billion acquisition of VMWARE might significantly lessen competition.
* JD.COM and ALIBABA were down 5% and 2% respectively in pre-market while casino operators WYNN RESORTS, LAS VEGAS SANDS and MELCO lost 3.2% to 4.4% due to fears related to the increase in COVID-19 cases in China.
* MERCK & CO announced the purchase of Imago BioSciences, specialized in the development of cancer treatments, for 1.35 billion dollars.
* TESLA announced on Saturday the recall of more than 321,000 vehicles in the United States due to a malfunction in the taillights.
* TEVA PHARMACEUTICAL has announced the appointment of Richard Francis as President and Chief Executive Officer effective December 1. (Laetitia Volga, edited by Blandine Hénault and Sophie Louet)
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