Top Financial Stocks:
Most financial heavyweights were declining pre-market Monday.
In other sector news:
(=) Jefferies Financial Group (JEF) was unchanged after announcing that its board has authorized a distribution of 7.5 million Spectrum Brand (SPB) shares through a special pro rata dividend effective on Oct. 11 to shareholders of record on Sept. 30.
(-) Real estate investment trust Dream Global agreed to be acquired by affiliates of real estate funds managed by Blackstone (BX) for CAD6.2 billion ($4.68 billion). Separately, Mosaic Acquisition (MOSC) and privately held Vivint Smart Home agreed to merge in a deal that will include investments from Blackstone and Softbank subsidiary Fortress Investment Group. Blackstone was about 1% lower in recent trading.
(-) American Express (AXP) has bought more than nine acres of land in Gurugram, India, from real estate major DLF Ltd. for 3 billion Indian rupees ($42 million), marking the priciest deal in the Sector 74A neighborhood, The Economic Times of India reported. American Express was declining marginally after the news.
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