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Early Movers: CVD, BLK, HLF, AAPL, HSBC, PG & more

A trader works on the floor of the New York Stock Exchange.
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A trader works on the floor of the New York Stock Exchange.

Check out which companies are making headlines before the bell:

Covance—The research firm will be acquired by medical lab operator LabCorp in a cash-and-stock deal worth $105.12 per share, about 32 percent above Friday's closing price for Covance.

Church & Dwight—The maker of Arm & Hammer baking soda earned 85 cents per share for the third quarter, 3 cents above estimates, with revenue well above forecasts. The company said its results were helped by successful new product introductions.

Nvidia—The graphics chip maker's shares were upgraded to "sector perform" from "underperform" at Pacific Crest Securities, which points to market share gains in high-end graphics chips as well as product delays for competitor Advanced Micro Devices.

BlackRock—Citi upgraded the asset manager's shares to "buy" from "neutral," pointing to several factors including shifts in its asset management mix that should keep volume growing. In the same note, Citi also upgraded TD Ameritrade to "buy" from "neutral" because of "best in class" organic growth and an improving business mix.

Boston Scientific—The medical products maker faces its first trial today over damage claims related to its Obtryx device, designed to treat urinary incontinence.

AmerisourceBergen—The pharmaceutical distributor increased its quarterly dividend to 29 cents per share from 23 1/2 cents, a 23 percent boost.

Herbalife—The nutrition products company agreed to pay $15 million to settle a class action lawsuit. The suit had been brought by a former distributor who had accused Herbalife of running a pyramid scheme, though the settlement agreement does not contain an admission of any liability or wrongdoing by Herbalife.

HSBC—HSBC reported third quarter profit that fell below analyst forecasts, and the British bank also set aside $378 million to cover a possible UK fine for alleged manipulation of currency markets.

Sapient—The digital ad specialist will be bought by Paris-based ad agency Publicis for $25 per share, or $3.7 billion, in cash. That represents a 44 percent premium to Friday's close for Sapient shareholders.

MetLife—The country's largest insurer will meet with U.S. regulators today in an effort to fight its designation as "systemically important," which subjects it to tougher oversight rules.

Apple—The company will hold an investor call today ahead of a potential bond sale, according to the Wall Street Journal. The paper said Apple is considering selling debt in euros for the first time.

Procter & Gamble—The consumer products giant had its operations in Argentina suspended after the country accused the company of tax fraud. Argentina said P&G funneled currency abroad and hid income that was subject to tax in that country.


By CNBC's Peter Schacknow

Questions? Comments? Email us at marketinsider@cnbc.com