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Check out which companies are making headlines before the bell:

FedEx –The shipping giant and economic bellwether reported fiscal third quarter profit of $1.23 per share, below estimates of $1.45, with revenue and its full-year forecast short of consensus as well. FedEx said it was hurt by unusually severe winter weather.

JPMorgan Chase–CNBC's Kate Kelly reports that the sale of JPM's commodities unit will be announced later this morning, with Swiss trading house Mercuria paying $3.5 billion.

Oracle–The software big reported fiscal third quarter profit of 68 cents per share, excluding certain items, two cents shy of estimates. Revenue was essentially in line with estimates, but the results sparked investor concerns about increasing competition and slower tech spending.

Toyota–The automaker and the government have reached a $1 billion settlement that is expected to be officially announced later today. The case involves Toyota's handling of consumer complaints related to various cases of unintended vehicle acceleration.

SolarCity–The solar equipment maker reported a fourth quarter loss of 46 cents per share, nine cents smaller than estimated, with revenue above consensus. However, the company also forecast a wider than expected current quarter loss. SolarCity– 61 percent owned by entrepreneur Elon Musk – saw system sales more than double during the quarter.

Orbitz Worldwide–The travel web site operator was downgraded to "sell" from "neutral" at Goldman Sachs, which says Orbitz is showing slower growth while selling at a premium to its peer group.

General Mills–The food producer reported fiscal third quarter profit of 62 cents per share, two cents shy of estimates, with revenue shy as well. The company had warned last week of an earnings shortfall due to increasing competition and higher marketing costs.

Juniper NetworksWells Fargo upgraded the networking equipment maker's shares to "outperform" from "market perform", saying the company will benefit from a stronger spending environment.

Wells Fargo–The bank's CEO John Stumpf received $19.3 million in salary and bonuses for 2013, 15 percent less than he received the prior year.

Nu Skin Enterprises–Nu Skin said it would likely face a fine in China, resulting from a probe into whether the nutritional products maker conducted business illegally in that country. The company has also temporarily stopped accepting applications from prospective new sales representatives in China.

Sony–Sony has unveiled a new virtual reality headset for Playstation 4 videogames. The headset is not yet for sale, as it is still in development, but the company did show off a prototype at the Game Developers Conference in San Francisco.

Pacific Sunwear–PacSun reported a fourth quarter loss of 17 cents per share, two cents smaller than analysts had anticipated. The seller of teen apparel had previously warned of a challenging holiday season, but it did say that current quarter comparable store sales would rise between one and four percent.

By CNBC's Peter Schacknow

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