Investing.com - Stocks in focus in premarket trade Monday:
• Caterpillar (NYSE:CAT) stock sank 5.45% by 8:19 AM ET (13:19 GMT) as the company reported worse-than-expected fourth-quarter profit and provided full-year guidance that missed consensus.
• Dropbox (NASDAQ:DBX) stock rose 0.75% after the company announced it was acquiring HelloSign for $230 million, according to CNBC.
• S&P Global (NYSE:SPGI) stock gained 1.42% after the company received approval to rate domestic bonds in China.
• Blackberry (TO:BB) stock advanced 1.85% after the company hired Bryan Palma, former Cisco (NASDAQ:CSCO) vice president and general manager, as president and chief operating officer.
• Boeing (NYSE:BA) stock fell 1.15% despite news that the U.S. Department of Defense granted the company a $2.5 billion contract for surveillance aircraft.
• Zayo (NYSE:ZAYO) stock jumped 4.31% after Bloomberg reported preliminary buying interest from Alphabet (NASDAQ:GOOGL) and CenturyLink (NYSE:CTL).
• Dr Reddys Laboratories (NYSE:RDY) stock dropped 0.77% despite news that the U.S. Food & Drug Administration approved its nasal spray TOSYMRA for the treatment of migraines.