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3 Stocks to Watch on Monday: Airbus SE (EADSY), Potlatch Corporation (PCH) and Tesla Inc (TSLA)

EADSY teams up BRDBF, PCH to buy DEL and TSLA builds production facility

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The upcoming week will shed more light on how third-quarter gross domestic product is shaping up in the U.S. and U.K., as well as decisions surrounding monetary policy from the EU and Brazilian central banks.

3 Stocks to Watch on Monday: Airbus SE (EADSY), Potlatch Corporation (PCH) and Tesla Inc (TSLA)Several companies made headlines over the weekend, including Airbus SE (OTCMKTS:EADSY), Potlatch Corporation (NYSE:PCH) and Tesla Inc (NASDAQ:TSLA).

Airbus SE (EADSY)

Airbus and Bombardier will team up on the C Series aircraft program as part of a deal inked last week.

The partnership will combine Airbus’ global connections with Bombardier’s new, top-of-the-line aircrafts. The move will put both companies in a good position to tap the value of the C Series platform, adding value for customers, suppliers, employees and shareholders.

Airbus will provide procurement, sales and marketing, as well as customer support expertise as part of the C Series Aircraft Limited Partnership (CSALP), manufacturing and selling the C Series.

All in all, Airbus will acquire a 50.01% interest in CSALP, while Bombardier and Investissement Québec will hold about 31% and 19% of the C Series respectively.

EADSY stock is up 44.7% year-to-date and BDRBF is up 39.8% YTD.

Potlatch Corporation (PCH)

Potlatch will acquire Deltic Timber Corp (NYSE:DEL).

The deal will be an all-stock deal that will offer Potlatch the ability to adjust its sails more effectively in the lumber market. The rising costs of building materials had put a hamper on the industry, even before Hurricanes Harvey and Irma.

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Article printed from InvestorPlace Media, https://investorplace.com/2017/10/stocks-watch-monday-airbus-se-eadsy-potlatch-corporation-pch-tesla-inc-tsla/.

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