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Early movers: BAC, PEP, MAT, BLK, AAPL,YHOO & more

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

Bank of America – The bank reported third quarter profit of 20 cents per share, two cents above estimates. BofA reversed a year ago loss, as provisions for credit losses fell.

PepsiCo – The snack and beverage maker earned $1.24 per share, excluding certain items, for the third quarter, seven cents above estimates. Pepsi saw weakness in its North American beverage unit, but it saw stronger sales in its Frito-Lay snack division.

Stanley Black & Decker – The tool maker earned $1.39 per share for the third quarter, one cent above estimates, but it cut its full-year forecast because of slow recovery in profit margins as well as the impact of the ongoing government shutdown.

Mattel – The toymaker earned $1.21 per share for the third quarter, beating consensus by nine cents. Mattel posted strong sales for its Barbie and American Girl dolls.

BlackRock – The investment firm matched estimates with third quarter profit of $3.88 per share, excluding certain items. Profit was up 15 percent from a year earlier on stronger demand from retail and institutional clients.

Bank of NY Mellon - The bank reported third quarter profit of 60 cents per share, excluding certain items, two cents above estimates. Bank of NY Mellon benefitted from foreign currency trading results as well as higher fees from customers.

KeyCorp – KeyCorp earned 25 cents per share for the third quarter, excluding certain items, three cents above estimates, on an improvement in credit quality and a 5.1 percent increase in its loan book.

Intel – The chipmaker reports third quarter profit of 58 cents per share, five cents above estimates. Intel's current quarter outlook is below Street consensus, but CFO Stacy Smith did say that the market for personal computers may be close to bottoming out.

Apple – The iPhone maker will cut orders for its iPhone 5c for the final three months of the year, according to a Reuters report.

Yahoo – The tech big earned 34 cents per share for the third quarter, excluding certain items, one cent above estimates, although its fourth quarter outlook fell below consensus. Yahoo also unveiled plans to sell a smaller stake in Chinese e-commerce company Alibaba than originally planned.

CSX – The railroad operator reported third quarter profit of 46 cents per share, beating estimates by three cents. The company's revenue also beat forecasts, and CSX said full-year earnings would be slightly higher than a year earlier.

Wet Seal — Wet Seal cut its current quarter outlook, due to weaker mall traffic. The women's apparel retailer does expect improved results compared to a year earlier.

JPMorgan Chase – The mega-bank reached a settlement with the CFTC that will likely be announced today, according to CNBC's Kate Kelly. The settlement of London Whale case charges is expected to see the bank pay $100 million.

General Electric – GE is expecting a $1.67 billion market capitalization for its Swiss consumer financing unit, GE Money Bank, when it goes public in Switzerland during the fourth quarter.

Advance Auto Parts – The auto parts seller will buy privately held General Parts International for a little more than $2 billion in cash.

Omnicom – The ad agency's upcoming merger partner, Publicis, is keeping its target for improved full-year sales growth, despite weakness in emerging markets that has impacted its results.

—By CNBC's Peter Schacknow

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

  • Patti Domm

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

  • A CNBC reporter since 1990, Bob Pisani covers Wall Street from the floor of the New York Stock Exchange.

  • CNBC Senior Commodities Correspondent and Personal Finance Correspondent

  • JeeYeon Park is a writer for CNBC.com. Follow her on Twitter: @JeeYeonParkCNBC

  • Rick Santelli joined CNBC Business News as an on-air editor in 1999, reporting live from the floor of the Chicago Board of Trade.

  • Senior Producer at CNBC's Breaking News Desk.