Check out the companies making headlines before the bell:
General Electric (GE) – GE struck a deal to combine its aircraft leasing unit, GE Capital Aviation Services, with Ireland’s AerCap (AER). It had been reported earlier this week that the two sides were in talks. Separately, GE’s board is recommending a 1-for-8 reverse stock split to put its outstanding share levels more in line with companies of comparable market capitalization. GE rose 2.2% premarket, while AerCap jumped 4.1%.
Eli Lilly (LLY) – The drugmaker said its combination Covid-19 antibody therapy reduced the risk of hospitalization and death by 87% in a late-stage study. It was the second study of the therapy – the…