Early Movers: FB, INTC, CAG & More
Check out which companies are making headlines before the bell on Monday:
Facebook - BMO Capital has upgraded Facebook to "outperform" from "underperform" in resumed coverage, setting a price target of $32 per share.
Intel - Wells Fargo has raised earnings estimates for the chipmaker, due in part to server-related processor growth.
ConAgra - Standard and Poor's is lowering its rating on the food producer by one notch to just above junk status. That comes after ConAgra said it would fund its purchase of Ralcorp Holdings with debt.
Bristol-Myers Squibb - The drug maker received approval for Eliquis, an anti-clotting oral medication used to reduce the risk of stroke and dangerous blood clots. The drug is used in patients with atrial fibrillation not caused by heart valve problems. Bristol-Myers makes Eliquis, and markets it in conjunction with Pfizer.
Netflix - CEO Reed Hastings will receive a $2 million salary in 2013, up from $500,000 this year. He'll also get $2 million in stock options.
Toyota Motor - The automaker has gotten preliminary approval from a judge for its previously announced $1.1 billion settlement in cases involving unintended acceleration.
Duff & Phelps - The investment firm has struck a deal to be bought by a group of private-equity firms for $665 million, or $15.55 per share. The proposed deal allows Duff & Phelps to seek higher offers between now and Feb. 8. The offer price represents a 19.2 percent premium over Friday's closing price for Duff & Phelps shareholders.
U.S. Airways - American Airlines pilots have approved the framework for a potential merger with U.S. Airways. That approval could ease the way for a deal that would combine the two carriers and take American parent AMR out of bankruptcy.
Cal-Maine Foods - The egg producer saw a 39 percent drop in quarterly earnings, as more expensive feed outweighed higher prices for eggs.
Regal Entertainment - Stifel Nicolaus has raised its earnings estimates for the movie house operator, because of strong box office results per screen in the midst of the movie industry's best year on record.
(Read More: See CNBC's Market Insider Blog)
—By CNBC's Peter Schacknow
Questions? Comments? Email us at firstname.lastname@example.org