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Amazon.com, Inc. (NASDAQ: AMZN) announced
it will be entering the health care space in a limited capacity. Amazon's Jeff Bezos will team up with JPMorgan Chase & Co.
(NYSE: JPM)'s Jamie Dimon, and Berkshire Hathaway Inc.
(NYSE: BRK-A)'s Warren Buffett to reduce "health care's
burden on the economy while improving outcomes for employees and their families."
Pfizer Inc. (NYSE: PFE) stock lost nearly 1.5 percent
after the biopharmaceutical giant reported its fourth quarter
results. The company said it earned 62 cents per share in the fourth quarter on revenue of $13.7 billion, while Wall Street
analysts were expecting the company to earn 56 cents per share on revenue of $13.68 billion.
Callidus Software Inc. (NASDAQ: CALD) gained more
than 10 percent after the provider of cloud-based sales, marketing, learning and customer experience solutions announced it agreed
to be acquired by SAP SE (ADR) (NYSE: SAP).
Electronic Arts Inc. (NASDAQ: EA) lost around 0.6
percent. The video game maker is scheduled to report its earnings after Tuesday's market close.
Thomson Reuters Corp (NYSE: TRI) stock gained more
than 10 percent. The Canada-based provider of news and information for professional markets is reportedly in talks with
Blackstone Group LP (NYSE: BX). The private equity giant
is looking to acquire a 55 percent stake in Thomson Reuters' largest unit that offers data and analytical tools to financial
professionals, Canada's BNN
said.
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