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American Airlines gains altitude; Black Diamond sparkles; Apple TV talk

Here’s a look at some of the stocks the Yahoo Finance team will be tracking for you today

American Airlines (AAL) shares are gaining altitude in early trading. The airline is landing on the S&P 500 at the end of trading on Friday replacing soon to be acquired Botox maker Allergan (AGN). American will be joining rivals Southwest and Delta Air Lines, which already trade on the index.

Black Diamond (BDE) shares are surging ahead of the open. The outdoor sports gear maker said its exploring strategic alternatives for its brands after reporting earnings and revenue that missed analysts' estimates in the fourth quarter.

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Burlington Stores (BURL) shares are jumping before the bell. The discount retailer posting a beat on both its top and bottom lines thanks to strong sales during the holiday quarter as revenue jumped 12% from a year earlier. However, the company gave a cautious outlook for year.  Burlington's stock has more than doubled over the past year.

Cablevision (CVC) also in the spotlight. The cable provider striking a deal with HBO (TWX) to offer its new steaming-only service, HBO Now to its broadband customers starting in mid April. Cablevision will be the first cable company to distribute the service. This comes after Apple said last week it will be the exclusive digital distributor of HBO Now.

Meantime, Apple (APPL) is reportedly in talks with broadcasters to offer a streaming TV service this fall. The Wall Street Journal reports the service would feature channels such as, ABC (DIS), CBS (CBS) Fox (FOX), and ESPN, and would cost around $30 per month. Currently NBC Universal content is not included in the bundle due to a fall-out between NBC parent company Comcast (CMCSA) and Apple.