Early Movers: DELL, DIS, INTC, BP & More
These stocks are moving before the bell on Monday:
Dell — CNBC reports that proxy advisory service ISS is recommending shareholders approve the buyout proposal from founder Michael Dell and Silver Lake Partners, saying the $13.65 per share offer provides "certainty of value".
Walt Disney — Disney saw its "Lone Ranger" movie trounced at the weekend box office, taking in just $29.4 million over the weekend. The movie reportedly had a $225 million budget.
Intel — Evercore Partners downgraded the chipmaker's stock to "Equal Weight" from "Underweight".
BP — The oil giant will be in court Monday, with a three judge appeals court panel considering a dispute over the multi-billion dollar settlement of Gulf oil spill-related claims. BP claims the terms of the settlement allowed businesses to receive millions in payments for inflated and fictitious losses.
Facebook —The social network officially begins rolling out "Graph Search" to users today, although many of its users have had access to the beta version since January.
UnitedHealth Group —The health insurer's stock could rise 40 percent over the next two years, according to an article in Barron's. The magazine points to the company as better positioned for the full rollout of health care reform than competitors like Aetna and Cigna.
Thomson Reuters —The financial information provider is suspending early release of its widely followed University of Michigan consumer sentiment data. The information had been released to selected clients two seconds ahead of everyone else, but New York attorney general Eric Schneiderman is now reviewing that arrangement.
Microsoft — Microsoft is shutting down its MSN TV service at the end of September. The service, once known as Web TV, was purchased by Microsoft for $503 million in 1997.
Priceline.com —Morgan Stanley upgraded the stock to "overweight" from "equal weight".
Boston Scientific —Citi downgraded the medical products maker's stock to "neutral" from "buy".
Qualcomm —The stock was removed from Citi's "Top Picks Live" list, with Citi citing a slowdown in high-end smartphone sales.
(Read More: See CNBC's Market Insider Blog)
—By CNBC's Peter Schacknow
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