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Early movers: BZ, JCP, WWE, BBRY, SHLD, BA & more

Check out which companies are making headlines before the bell on Monday:

Boise Inc-Packaging Corporation of America is buying the rival forest products company for $12.55 per share in cash, or approximately $2 billion.

Apple -China Telecom has cut the amount users will have to pay for Apple's new iPhone models.

J.C. Penney-Vornado Realty chief executive Steven Roth stepped down from the retailer's board of directors. In an SEC filing, Vornado said it would be reviewing its 6.1 percent stake in the retailer.

WWE- The producer of professional wrestling events has cut its earnings outlook for 2013, on slower sales and higher costs. However, WWE said future earnings will be helped by the rising value of the company's content.

BlackBerry-Potential bidders for the smart phone maker are looking at parts of the company rather than all of it, according to a Reuters report.

Sears Holdings-The retailer has obtained a senior secured term-loan facility of up to $1 billion, which it will use to reduce borrowings.

Boeing-The aerospace giant is moving closer to striking a $7.64 billion jet fighter deal with South Korea, according to Reuters. The deal involves Boeing's F-15 Silent Eagle aircraft. In a separate story, Boeing plans to fly the newest version of its Dreamliner, the 787-9, as soon as tomorrow. This version of the aircraft has a longer range and carries more passengers.

Amazon.com-The retailer is among the companies involved in a tax probe being conducted by the European Commission, according to London's Sunday Times. The paper said Amazon and others are being investigated to see whether they have secured preferential corporate tax rates.

Las Vegas Sands, Wynn Resorts-ISI Group downgraded both casino operators to "neutral" from "buy".

Blackstone Group - Bank of America/Merrill Lynch upgraded Blackstone shares to "buy" from "neutral".

Sohu-Tencent Holdings is buying a 36.5 percent stake in Sohu's Sogou search engine. Sougou has China's third largest search engine market share.

—By CNBC's Peter Schacknow

Questions? Comments? Email us at marketinsider@cnbc.com

Symbol
Price
 
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%Change
BZ
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AAPL
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PKG
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728
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JCP
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VORNAD REAL
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WWE
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BB
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SHLD
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BA
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AMZN
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LVS
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WYN
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BX
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SOHU
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  • Patti Domm

    Patti Domm is CNBC Executive Editor, News, responsible for news coverage of the markets and economy.

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