On The Fly: Pre-market Movers

HIGHER: Teva Pharmaceutical (TEVA), up 16.9% after announcing it will cut its workforce by 25% and suspend its dividend... Delta Air Lines (DAL), up 2.1% after announcing a firm order for 100 A321neo aircraft from Airbus (EADSY)... Express Scripts (ESRX), up 2.3% after raising fiscal 2017 guidance... TrovaGene (TROV), up 8.6% after filing protocol for Phase 2 clinical trial of PCM-075. LOWER: Disney (DIS) and Twenty-First Century Fox (FOX, FOXA) are down marginally after the companies announced that Disney will acquire 21st Century Fox after the spinoff of certain units for $52.4B... Sanderson Farms (SAFM), down 4.7% after reporting quarterly results.