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Amazon.com, Inc. AMZN announced it will be entering the health care space in a limited capacity. Amazon's Jeff Bezos will team up with JPMorgan Chase & Co. JPM's Jamie Dimon, and Berkshire Hathaway Inc. (NYSE: BRK-A)'s Warren Buffett to reduce "health care's burden on the economy while improving outcomes for employees and their families."
Pfizer Inc. PFE stock lost nearly 1.5 percent after the biopharmaceutical giant reported its fourth quarter results. The company said it earned 62 cents per share in the fourth quarter on revenue of $13.7 billion, while Wall Street analysts were expecting the company to earn 56 cents per share on revenue of $13.68 billion.
Callidus Software Inc. CALD gained more than 10 percent after the provider of cloud-based sales, marketing, learning and customer experience solutions announced it agreed to be acquired by SAP SE (ADR) SAP.
Electronic Arts Inc. EA lost around 0.6 percent. The video game maker is scheduled to report its earnings after Tuesday's market close.
Thomson Reuters Corp TRI stock gained more than 10 percent. The Canada-based provider of news and information for professional markets is reportedly in talks with Blackstone Group LP BX. The private equity giant is looking to acquire a 55 percent stake in Thomson Reuters' largest unit that offers data and analytical tools to financial professionals, Canada's BNN said.
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