Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.

1. STOCK NEWS:

• UBS (UBS) agreed to acquire Credit Suisse (CS) for CHF 0.76 per share [read more]
• New York Community's (NYCB) Flagstar will assume Signature Bank (SBNY) deposits [read more]
• The FDIC has extended the bid window for Silicon Valley Bridge Bank (SIVB) [read more]
• Big-bank CEOs led by JPMorgan (JPM) CEO Jamie Dimon are discussing a capital infusion for First Republic (FRC), WSJ says [read more]
• Amazon (AMZN) CEO Andy Jassy said the company will eliminate about 9,000 more positions in the "next few weeks" [read more]

2. WALL STREET CALLS:

• UBS (UBS) shares were downgraded to Underperform at Oddo BHF and at Keefe Bruyette following the bank's takeover of Credit Suisse (CS), but BofA upgraded UBS to Buy, arguing that the logic of the Credit Suisse buyout is "impeccable" [read more]
• Wedbush upgraded New York Community Bancorp (NYCB) to Outperform after its Signature (SBNY) deal [read more]
• U.S. Bancorp (USB) upgraded to Outperform from Neutral at Baird [read more]
• Dow Inc. (DOW) upgraded to Buy from Hold at Deutsche Bank [read more]
• Enphase Energy (ENPH) upgraded to Outperform from Market Perform at Raymond James [read more]

3. AROUND THE WEB:

• Netflix's (NFLX) ad-supported tier reached about 1M monthly average users after its second month, Bloomberg reports [read more]
• Ford (F), GM (GM) in China price war as car sales slump, WSJ reports [read more]
• The FTC is reviewing Amazon's (AMZN) acquisition of iRobot (IRBT), Politico reports [read more]
• Microsoft (MSFT) is preparing to launch a mobile games store, FT reports [read more]
• First Citizens (FCNCA) made a bid Sunday for all of Silicon Valley Bank (SIVB), Bloomberg says [read more]

4. MOVERS:

• PacWest Bancorp (PACW) higher after announcing the bank continues to have "solid liquidity" [read more]
• Oatly Group (OTLY) gains in New York after announcing a partnership to bring Oatly Barista Edition to all McDonald’s (MCD) McCafe locations in Austria [read more]
• Arbor Realty Trust (ABR) up after announcing $50M share repurchase program [read more]
• Pinduoduo (PDD) lower in New York after reporting quarterly results [read more]
• Luminar Technologies (LAZR) falls after Forbes reported the company has been accused of passing off a next-gen chip design of rival as its own [read more]

5. EARNINGS/GUIDANCE:

• Foot Locker (FL) reported upbeat Q4 earnings and revenue [read more]
• Navigator Holdings (NVGS) reported downbeat preliminary Q4 earnings [read more]
• Athenex (ATNX) reported mixed Q4 results [read more]
• DouYu (DOYU) reported upbeat Q4 revenue [read more]
• Tattooed Chef (TTCF) cut its FY22 revenue guidance [read more]

INDEXES:

The Dow rose 382.60, or 1.20%, to 32,244.58, the Nasdaq gained 45.02, or 0.39%, to 11,675.54, and the S&P 500 advanced 34.93, or 0.89%, to 3,951.57.