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Hasbro, Inc. (NASDAQ: HAS) stock lost nearly 7 percent early Monday morning after reporting its first quarter results. The toymaker earned 10 cents per share in the first quarter on revenue of $716.34 million versus expectations of 34 cents per share and $819.4 million. Shares of rival toymaker Mattel, Inc. (NASDAQ: MAT) traded lower by more than 5 percent in sympathy.

Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) is scheduled to report its first quarter results after Monday's market close and is expected to earn $9.33 per share on revenue of $30.31 billion.

McDermott International Inc (NYSE: MDR) gained more than 17 percent after the UK-based offshore oil service company Subsea 7 made an unsolicited bid to buy McDermott for $7 per share. However, the acquisition offer is contingent on McDermot terminating its pending merger with Chicago Bridge & Iron Company (NYSE: CBI). Accordingly, shares of Chicago Bridge & Iron lost more than 15 percent early Monday morning.

Vectren Corp (NYSE: VVC) moved up 5 percent after the company agreed to be acquired by CenterPoint Energy, Inc. (NYSE: CNP) for $72 per share.

SAGE Therapeutics Inc (NASDAQ: SAGE) was trading higher by 2 percent after the clinical-stage biopharmaceutical company said it submitted a New Drug Application (NDA) to the FDA for its lead product candidate called SAGE-547, which is used for the treatment of postpartum depression.

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