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Early movers: T, AMZN, AAPL, TSLA, GE, JPM & more

Traders work the floor of the New York Stock Exchange.
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Traders work the floor of the New York Stock Exchange.

Check out which companies are making headlines before the bell:

AT&T– The wireless carrier will be the exclusive supplier for a new Amazon.com smartphone, according to Dow Jones. Amazon has not announced a smartphone as yet, but is widely expected to do so at a media event scheduled for tomorrow.

Apple– The technology giant settled its e-book price-fixing case with several U.S. states and other parties. Terms have not been revealed, and the settlement still needs final court approval.

Tesla–The New Jersey assembly passed a bill that would allow Tesla to sell directly to consumers in that state. The bill must still be passed by the state Senate.


Edwards Lifesciences–The FDA has approved the company's new heart valve designed to be used in patients suffering from aortic stenosis.

DSW–The shoe retailer's shares were upgraded by Goldman Sachs to "buy" from "neutral," calling it "best-in-class" and saying a recent drop in the stock's price puts it at an attractive entry point given its solid fundamentals.

Orbitz, Expedia–The two travel services providers are the recipients of bullish analyst comment this morning, with UBS issuing a "buy" rating on Orbitz in new coverage, while Susquehanna upgraded Expedia to "positive" from "neutral." UBS said Orbitz will benefit from an improving hotel segment as well as growth in its business-to-business operations, while Susquehanna called consensus estimates for Expedia "too low."

Domino's Pizza–Bank of America/Merrill Lynch downgraded Domino's to "underperform" from "neutral," saying the stock is still trading at multiples that are too rich despite a 10 percent drop from the stock's all-time high in March.

Korn/Ferry–The company earned 43 cents per share for its fourth quarter, beating estimates by four cents, with revenue exceeding estimates as well. The executive recruiter has expanded its revenue base through several acquisitions.

Wells Fargo, JPMorgan Chase–Both banks may fall below minimum capital thresholds dictated by new rules being formulated by regulators, according to a Reuters report.

AbbVie–The drug maker has gotten an accelerated European Union review for a new oral hepatitis C treatment, meaning it could be available in the EU by early in 2015. The FDA had previously granted fast-track review for the treatment.

Gentiva Health Services–Gentiva received an improved takeover bid from Kindred Healthcare, with Kindred raising its offer from $14 per share to $14.50. The higher bid values Gentiva at $573 million.

General Electric–The industrial giant' bid for the energy assets of France's Alstom is better for Alstom's shareholders than a competing bid by Siemens and Mitsubishi Heavy Industries, according to a Barclays report.

Wex –The company is buying rival payments processor Evolution1 for $532.5 million in cash. Evolution1 specializes in payment processing for the health care industry.

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.