Market Insider

Early movers: NKE, TSLA, FB, NFLX, TWTR, C & more

Traders on the floor of the New York Stock Exchange react to an announcement from the Federal Reserve during the afternoon of March 19, 2014 in New York City. The Federal Reserve announced that it would cut bond purchases by $10 Billion.
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Check out which companies are making headlines before the bell:

Nike–Stifel upgraded Nike shares to "buy" from "hold", following a correction in the stock's price and what the firm refers to as "standout fundamentals" for the athletic footwear and apparel maker.

Tesla–The electric car maker announced a leasing program for its small and medium-sized business customers.

Facebook, Netflix, Yahoo, RetailMeNot– Stifel analyst Jordan Rohan is recommending investors buy these four stocks following the recent Nasdaq slide.

Dr Pepper Snapple–Wells Fargo downgraded the beverage maker's shares to "underperform" from "market perform" because of top line weakness, margin pressure, and valuation.

Twitter–Janney initiated coverage of Twitter with a "buy" rating, saying the microblogging service would benefit disproportionately from the shift to mobile advertising.

Citigroup–Citi to 18 investors to cover losses related to mortgage-backed securities issued before the 2008 financial crisis. Th troubled bank will take a $100 million charge against first quarter earnings related to that settlement.

Nokia–The phone maker has gotten Chinese government approval for the sale of its mobile handset business to Microsoft. Nokia said it still expects the $7.4 billion deal to close in April.

Eli Lilly–Lilly was ordered to pay $3 billion in punitive damages, after a jury ruled that Japanese partner Takeda Pharmaceutical concealed cancer risks associated with their Actos diabetes drug. Takeda was ordered to pay $6 billion in damages in the case, although it plans to appeal.

BlackBerry–The smartphone maker successfully defended itself against patent infringement claims, with a Florida jury ruling that the company did not violate patents belonging to Dutch semiconductor company NXP.

Wyndham Worldwide–Wyndham will have to face a Federal Trade Commission lawsuit over its cybersecurity, following a ruling by a federal judge. The judge did not rule on the merits of the FTC's claims in the case, which involved hacking of Wyndham's computer system, but agreed that the FTC had authority over corporate data security practices.

Google–The search giant will seek to sell its Google Glass product to businesses, according to the New York Times, which said the product may meet with less resistance from business customers than it is seeing from consumers.

General Motors–GM's dealers have not yet received the necessary parts to fix the ignition switches involved in the company's widespread recall, according to an NBC News survey.

FireEye–The cybersecurity firm's shares were upgraded to "outperform" from "neutral" at Wedbush, saying it sees "robust growth" despite the recent decline in the share price.

Yelp–SunTrust upgraded the online review site operator's shares to "buy" from "neutral."

By CNBC's Peter Schacknow

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