Ultra Clean Holdings Inc. (UCTT) stock climbed 9.02 percent to $5.80 in pre-market trade. The company announced that it has signed a merger agreement with Advanced Integration Technologies. Ultra Clean will pay a purchase price of approximately $99 million and the transaction is expected to close on June 30, 2012, subject to satisfaction of the foregoing conditions.
Seadrill Ltd. (SDRL) stock climbed 7.12 percent to $38.20 in premarket session. The stock has a 52-week low of $24.68, a 52-week high of $42.34 and $16.68 billion in market capitalization.
Yahoo Inc. (YHOO) stock surged 6.03 percent to $16.35 in premarket session. China based Alibaba Group and Yahoo announced Sunday that they have entered into a definitive agreement for a staged and comprehensive value realization plan for Yahoo's stake in Alibaba.
Frontline Ltd. (FRO) stock surged 4.05 percent to $4.88 in premarket session.
ABB Ltd. (ABB) stock gained 3.06 percent to $16.48 in premarket trading. The company announced on Monday that it has won an order worth around $33 million from NTPC Ltd.
Logitech International SA (LOGI) stock gained 2.44 percent to $10.91 in premarket session. The stock has a 52-week low of $7.10, a 52-week high of $13.36 and $1.84 billion in market capitalization.
United States Steel Corp. (X) stock advanced 2.04 percent to $22.00 in premarket session. The stock has a 52-week low of $18.5, a 52-week high of $47.33 and $3.01 billion in market capitalization.
Hewlett-Packard Co. (HPQ) stock advanced 1.77 percent to $21.84 in premarket trading. The company stock declined to a new 52-week low of $21.28 on Last Friday. H-P is expected to report second-quarter earnings per share of $0.91 on revenue of $329.92 billion after market closes Friday.
ARM Holdings PLC (ARMH) stock advanced 1.72 percent to $22.48 in premarket session. HiSilicon and ARM announced Monday that HiSilicon has licensed a range of ARM Mali graphics processing units (GPUs), including the market-leading Mali-400 MP GPU and the latest high-performance Mali-T658 GPU.
Lowe's Cos. (LOW) stock plunged 3.09 percent to $27.60 in premarket session after lowering its fiscal 2012 earnings forecast. The company expects fiscal 2012 earnings to be in a range of $1.73 to $1.83 per share, down from prior estimation of $1.75 to $1.85 per share and against analysts' estimation of $1.87 per share.