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Stocks to Watch: LVMH, Walt Disney, Novartis - The Wall Street Journal

Luxury conglomerate LVMH is taking over Tiffany. Photo: arnd wiegmann/Reuters

Here are some of the companies with shares expected to trade actively in Monday’s session. Stock movements noted by ticker reflect movements during regular trading hours; premarket trading is specified separately.

Uber Technologies —down 4.4% premarket: The ride-hailing app maker lost its license to operate in London over safety issues, casting doubt on its future in one of its biggest markets.

Charles Schwab—down 1.6% premarket: Charles Schwab on Monday said it agreed to buy smaller rival TD Ameritrade Holding in a stock-swap transaction valued at about $26 billion.

Tiffany—up 5.6% premarket: LVMH Moët Hennessy Louis Vuitton said Monday it had reached a takeover agreement with Tiffany that values the U.S. company at $135 a share.

Walt Disney —up 0.5% premarket: The entertainment company’s “Frozen 2” heated up a slumping domestic box office this weekend, opening with a record-setting $127 million in the U.S. and Canada, according to preliminary studio estimates.

Novartis —down 0.3% premarket: The pharmaceutical company agreed to buy cholesterol-drugmaker Medicines Co. for nearly $10 billion, in a pricey bid to expand its reach in the lucrative market for heart treatments.

Companies reporting earnings later Monday include Agilent Technologies, Hewlett Packard Enterprise and Palo Alto Networks.

This is a version of the “Stocks to Watch” section of our Markets newsletter. To receive it every morning via email, click here.

Write to James Willhite at james.willhite@wsj.com

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