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Early movers: BKW, ANN, BBRY, ITMN, GS, SNE & more

Traders on the floor of the New York Stock Exchange.
Brendan McDermid | Reuters
Traders on the floor of the New York Stock Exchange.

Check out which companies are making headlines before the bell:

BlackBerry—The smartphone maker won another court victory against Typo Products, which markets a BlackBerry-like keyboard that fits on an iPhone. A U.S. court upheld a preliminary injunction that prohibited the sale of that product.

Ann Inc–Activist investors Engine Capital and Red Alder have delivered a letter to the board of the Ann Taylor parent, saying the company is deeply undervalued and urging Ann Inc. to explore all available strategic alternatives to enhance shareholder value.

Burger King Worldwide–Burger King is in discussions with Canadian doughnut chain Tim Hortons about a possible merger. Such a deal would be structured as a tax inversion, with the combined company headquartered in Canada.


U.S. Steel — The steel maker's stock was upgraded to "outperform" from "underperform" at Credit Suisse, with the firm citing U.S. Steel's cost advantage over competitors for its raw materials.

PulteGroupThe home builder is buying the real estate assets of Dominion Homes for an undisclosed amount. Dominion operates in various markets in Kentucky and Ohio.

InterMune—Switzerland's Roche agreed to buy the U.S. based biotech firm for $8.3 billion in cash. The deal is worth $74 per share, 38 percent above Friday's closing price.

Goldman Sachs—Goldman announced a $1.2 billion settlement with the Federal Housing Finance Agency over mortgage-backed securities bought by Fannie Mae and Freddie Mac between 2005 and 2007. Reports of the settlement had been circulated during the trading day on Friday.

Allergan–Investor Bill Ackman said investors owning 31 percent of the Allergan's shares have asked for a special meeting. Ackman's Pershing Square and Valeant Pharmaceuticals have a $52 billion hostile bid on the table for Allergan, which has so far been rebuffed.

Sony–The company's PlayStation Network is back online after a cyber attack shut it down over the weekend. Sony said no personal information was compromised during the attack, which was accompanied by a bomb threat on a flight carrying a top Sony executive.

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 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.