US stocks are set to continue north this morning, with several stocks in the frame ahead of the bell.
GGP Inc (NYSE:GGP) shares were up 3.25% to US$21.90 after commercial real estate company Brookfield Property Partners said yesterday that it would acquire the 66% of GGP that it does not already own in a deal that values shopping centre owner GGP at about US$15.3bn.
Meanwhile, Lululemon Athletica Inc (NASDAQ:LULU) saw shares nudge up 0.80% after hours ahead of its fourth quarter numbers.
Wall Street expects the group to post quarterly earnings at US$1.27 per share on revenue of US$911.66mln after the bell later.
McCormick & Co Inc (NYSE:MKC) saw shares add 3.77% to US$111 after first quarter profit beat expectations while sales matched forecasts.
Alibaba (NASDAQ:BABA) shares added 0.78% to US$191.99 as the Chinese e-commerce titan and US car maker Ford (NYSE:F) reportedly opened a car vending machine in China’s southern city Guangzhou.
Ford and Alibaba unveil car vending machine https://t.co/mXPABzM6Uz by @mjburnsy pic.twitter.com/rxjJzmdjlr
— TechCrunch (@TechCrunch) 26 March 2018
The unstaffed five-storey building, which houses up to 42 cars, allows prospective buyers to see, test drive and purchase the vehicles on site using Alibaba's app.