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Early movers: K, SNE, XOM, DISH, MW, AAPL & more

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

Men's WearhouseJos. A. Bank has ended its $48 per share bid to buy the rival clothing retailer, after Men's Wearhouse did not engage in talks by Bank's November 14 deadline. Jos. A Bank said it would consider a new bid if invited by Men's Wearhouse to discuss such a deal.

Kellogg– Barclays downgraded the cereal maker's shares to "underweight" from "equalweight", citing multiple factors that the firm feels will weigh on fiscal 2014 earnings growth.

LinkedIn – Stifel Nicolaus initiated coverage on the business social network with a "buy" rating, saying it is evolving into a critical daily and weekly platform for professional workers of all types.

Yelp– Stifel also began coverage of Yelp with a "buy" rating, saying it has enhanced local business discovery and is much more than an online directory.

Dish Network – Barclays downgraded the satellite TV service provider's shares to "equal weight" from "overweight", saying the stock is now fully priced following a 15 percent run-up since late July.

Sony – The company's new PlayStation 4 videogame console is released today, with rival Microsoft out with its new Xbox One next week.

Applied Materials –The company posted fiscal fourth quarter profit of 19 cents per share, excluding certain items, one cent above estimates, with revenue in line with expectations. The maker of semiconductor manufacturing equipment saw more customers build new facilities as they ramp up production of advanced components.

Exxon Mobil – The world's largest oil company is the latest new investment from Warren Buffett and Berkshire Hathaway, with a quarterly filing showing a new 40.1 million share stake in the oil giant. At the same time, Berkshire cut its stake in ConocoPhillips to 13.5 million shares from 24.2 million the prior quarter.

Agilent — Agilent earned 81 cents per share, excluding certain items, for its fourth quarter, beating estimates by five cents. However, the maker of electronic testing equipment did predict current quarter profit below Street consensus.

Kimberly-Clark – Kimberly-Clark will pursue a spinoff of the company's health care business. The consumer products maker said such a move would create a standalone publicly traded health care company with about $1.6 billion in annual sales.

Nordstrom – The retailer reported third quarter profit of 69 cents per share, beating estimates by three cents. However, expenses rose, and the retailer's anniversary sales – which took place in the prior quarter – did not generate as much sales growth as expected.

Apple- A new filling shows investor Carl Icahn owned about 3.88 million Apple shares at the end of September, after saying he owned just over 4.7 million shares in a publicly disclosed letter to CEO Tim Cook on October 24.

Comcast – Comcast plans to sell movies through its set top boxes as well as its Xfinity TV website, according to a Dow Jones report. Comcast is the parent of NBCUniversal, which owns CNBC.

WPX Energy – WPX will form a limited partnership representing interests in natural gas properties in Colorado, and will offer units in that partnership to the public in the first half of next year.


—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.