Updated from 6:56 a.m. EDT.
Here are 10 things you should know for Monday, April 28:
1. -- U.S. stock futures were rising Monday and European stocks were higher on mergers-and-acquisitions news.
Asian shares ended mostly lower as tensions in Ukraine continued to rattle global markets. Japan's Nikkei 225 declined 1%.
2. -- The economic calendar in the U.S. on Monday includes pending-home sales for March at 10 a.m. EDT.
3. -- U.S. stocks on Friday traded lower amid rising tension in Ukraine.
The Dow Jones Industrial Average fell 0.81% to 16,361.78, while the S&P 500 lost 0.81% to close at 1,863.41. The Nasdaq tumbled 1.75% to 4,075.56. The Dow, S&P and Nasdaq for the week declined 0.29%, 0.08% and 0.49%, respectively.
4. -- AstraZeneca (AZN) shares soared in early trading on Monday after Pfizer (PFE) publicly disclosed details of a $100 billion bid approach.
PfiZer, the maker of Viagra, said Monday that AstraZeneca rejected an initial approach in January valuing the company at about 59 billion pounds ($100 billion). The cash and shares deal would represent a 30% premium on AstraZeneca's closing share price of 35.26 pounds on Jan. 3, the date of the offer.
The board of AstraZeneca on Monday issued a statement saying "absent a specific and attractive proposal, it was not appropriate to engage in discussions with Pfizer."
AstraZeneca said its "board remains confident in the ongoing execution of AstraZeneca's strategy as an independent company and that its successful delivery will create significant value for shareholders."
AstraZeneca rose 16.8% in premarket trading to $80.20; Pfizer rose 2% to $31.35.
It's a remote code execution vulnerability, which in English means a bad guy can make a target computer run software after a successful attack, Recode explained.
Microsoft shares rose 0.4% in premarket trading. 7. -- Comcast (CMCSA) said Monday it would divest systems resulting in a loss of about 3.9 million video customers as part of its proposed merger with Time Warner Cable (TWC).
Charter Communications (CHTR) will acquire about 1.4 million existing Time Warner Cable subscribers, the companies said in a press release. The deal would make Charter the second-largest cable operator in the United States.
Charter shares rose 0.6% in premarket trading to $130.84.
8. -- Toyota (TM) is moving substantial parts of its U.S. headquarters in Torrance, Calif., to suburban Dallas as the world's largest automaker seeks savings from its U.S. sales unit, people familiar with the matter told Bloomberg.
9. -- Herbalife (HLF) is expected by analysts on Monday to report first-quarter earnings of $1.29 a share on revenue of $1.23 billion.
10. -- Hartford Financial Services (HIG) is forecast to report earnings of 93 cents a share in the first quarter.
-- Written by Joseph Woelfel
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