Meggitt on Aug. 2 agreed to a Parker-Hannifin takeover offer of 6.3 billion pounds. Transdigm has weighed in with a counterbid at 7.1 billion.

Stocks end lower following earlier highs that were propelled by solid corporate earnings and dealmaking.

Stocks moving in premarket trading Monday include Square, General Electric, Xpeng, NIO and Parker-Hannifin.

Parker-Hannifin to buy U.K.-based Meggitt for £6.3 billion ($8.8 billion) amid a rebound in aerospace demand.

Solid corporate earnings lift equities as Wall Street begins the first trading of August; Square will buy Afterpay for $29 billion; Parker-Hannifin to buy U.K.'s Meggitt for $8.8 billion.

The Dow finished higher Monday as investors anticipate a likely quarter-point rate cut from the Federal Reserve and await earnings results from nearly a third of the S&P 500 companies.

Aerospace motion and control-technology company Parker Hannifin is acquiring aircraft exhaust systems maker Exotic Metals Forming Company in a $1.56 billion all-cash deal.

Jim Cramer says the consumer economy is in great shape, but the business economy is a different story. He wants the Fed to pay attention.

Parker Hannifin will acquire Lord Corp., a privately held technology and manufacturing company, for $3.7 billion in cash.

People who are traveling by air are about to see a change in recent trends.

Beverage giant is rolling out a new taste in its efforts to attract and keep a key demographic.

You can find savings on everything from EVs to solar panels in the Inflation Reduction Act.