Check out which companies are making headlines before the bell on Monday:
BlackBerry - The company's former co-CEO Mike Lazaridis has reportedly reached out to private equity firms about a possible joint bid. Separately, Baird upgraded BlackBerry shares to "neutral" from "underpeform", saying operational concerns have largely played out.
FedEx - Stifel Nicolaus downgraded the delivery service's shares to "hold" from "buy" on a valuation basis. Stifel points out that while the stock price has increased, its view of the global and U.S. economies has not.
Apple - The tech giant said it sold 9 million of its newest iPhone models over the weekend, a record. The company also said it now expects fiscal fourth quarter revenue at the high end of its previously guided range of $34 billion to $37 billion.Separately, Apple's new iPhone models are less durable than Motorola's Moto X, according to warranty provider SquareTrade. The iPhone 5C and iPhone 5S did, however, finish ahead of Samsung's Galaxy S4.