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Apple, Hurricane Irma, Teva Pharmaceutical and Pilgrim's Pride Corp - PRE-MARKET

European indices are also on the rise in early deals; FTSE 100 is up almost 27 points

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Apple is about to launch it's latest model

As Hurricane Irma continues to dominate news, US stocks are seen higher as the new trading week begins.

European indices are also on the rise, and FTSE 100 in London is up almost 27 points at 7,404.

In focus today in pre-market deals is tech giant Apple (NASDAQ:AAPL) unsurprisingly as it's due to unveil the new and hotly anticipated iPhone at an event tomorrow.

The handset could be reportedly named the iPhone X rather than the iPhone 8, according to one source. Shares in Apple added 1.24% in after-hours deals on Friday.

One hot stock in pre-market deals on Monday is Teva Pharmaceutical Industries Ltd, whose shares are up over 12% in Tel Aviv as the world's biggest generic drug company named Kare Schultz as its new chief.

The group has been looking for a permanent chief executive since February this year. Schultz had been president and chief executive at drugmaker H. Lundbeck.

Meanwhile, grocer Kroger Co (NYSE:KR) shares added 0.14% to US$21.06 after hours after its shares fell on Friday despite earnings meeting expectations, along with a slight sales beat.

The company also expects full year 2017 EPS (earnings per share) to be above the current estimate of between $1.98 and $2.00-$2.08 range.

US Insurance companies are in focus today as the impact from Hurricane Harvey and now Irma, which hit yesterday and is ravaging Florida, is being mulled by investors.

HCI Group Inc (NYSE:HCI) added 7.41% to $33.05 after hours, while Universal Insurance Holdings Inc (NYSE:UVE) added over 12% after hours. Heritage Insurance Holdings Inc (NYSE:HRTG) gained over 17% to $10.99 after hours.

Pilgrims Pride Corp (NASDAQ:PPC) added 0.24% on Friday to close at $29.10.

Today, it revealed it had acquired Moy Park, the poultry and meat producer – one of Northern Ireland's biggest firms, which has its headquarters in Craigavon.  Previously, it had been owned by JBS- a Brazilian group.

Quick facts: Apple Inc.

Price: 122.25 USD

NASDAQ:AAPL
Market: NASDAQ
Market Cap: $2.08 trillion
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