June 9 Premarket Briefing: 10 Things You Should Know

Tickers in this article: AAPL CS FDO HSH NFLX PBY PPC TSN
Updated from 6:56 a.m. EDT

Here are 10 things you should know for Monday, June 9:

1. -- U.S. stock futures were lower on Monday but global stocks rose on stronger first-quarter growth in Japan.

Japan's Nikkei 225 index rose 0.3%.

2. -- The  economic calendar  in the U.S. on Monday is quiet.

3. -- U.S. stocks  on Friday rose as the investor outlook was boosted by an above-average U.S. jobs report

The S&P 500 gained  0.46% to close at 1,949.44 and the  Dow Jones Industrial Average  added 0.52% to 16,924.28. The  Nasdaq rose 0.59% to 4,321.4.

4. -- Tyson Foods outbid Pilgrim's Pride to gain control of  Hillshire Brands , the maker of Jimmy Dean sausages and Ball Park hot dogs, Bloomberg reported, citing two people with knowledge of the matter.

The decision was made over the weekend, the people told Bloomberg. Terms weren't immediately available but reports said Tyson is expected to pay $63 a share in cash for Hillshire, which would value the company at $7.8 billion. Pilgrim's offer was at $55 a share, or about $6.7 billion. 

Hillshire shares closed Friday at $58.92 and were up 5.1% to $61.90 in premarket trading on Monday.

5. -- Netflix shareholders will vote Monday at the company's annual meeting on a proposal by two public pension funds to separate the roles of chairman and CEO, which are both held by Reed Hastings , the streaming media service's cofounder.

It is one of several corporate governance items on the agenda, with others including a proposal to put all board members up for re-election every year, rather than every three years, according to The New York Times .

Netflix shares rose marginally in premarket trading to $430.99.

6. -- Apple's split-adjusted pricing will begin when trading starts on Monday. Considering a price of $645.57 at the closing bell on Friday, post-split shares will be valued at around $92 each, the first time AAPL has been available below $100 in almost seven years, according to appleinsider.com.

Apple announced a 7-for-1 split in April.

In premarket trading on Monday, the stock was down 0.02% to $92.21.

7. -- Credit Suisse is considering splitting off a piece of its fixed-income trading business into a separate company, The Wall Street Journal reported, citing people familiar with the matter.

The Swiss bank in March registered a new subsidiary, Wake USA LLC, to trade U.S. Treasurys, bond futures and other products electronically, according to a regulatory filing, the Journal reported.

8. -- Activist investor Carl Icahn acquired a 9.4% stake in discount retailer Family Dollar . The billionaire is urging the company to explore ways to boost its value.

Shares of Family Dollar, Matthews, N.C., rose nearly 10% to $66.40 in after-hours trading on Friday. In premarket trading, the stock rose 12% to $67.80.