Market Insider

Early movers: DTV, WMT, UPS, GSK, SNE, CALM & more

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

Check out which companies are making headlines before the bell:

Cal-Maine Foods—The nation's largest egg producer earned 76 cents per share for its latest quarter, short of the 85 cent consensus estimate. The company also warned that its results would be impacted by a new California law regarding egg sales that will go into effect on January 1.

DirecTVThe satellite TV operator and Walt Disney sign a multiyear distribution agreement.

Norwegian Cruise LineNorwegian said an engine room fire that took one of its ships out of service will shave 5 cents per share off earnings in both the fourth and first quarters. The fire forced the complete cancellation of one cruise and part of another.

CitigroupCiti will reportedly sell its Japanese retail banking operations to Japan's Sumitomo for about $330 million, according to Reuters.

Wal-MartThe retail giant will be adjusting base salaries at about one third of its U.S. locations, according to an internal memo seen by Reuters. That comes due to minimum wage hikes in 21 states that take effect in 2015.

UPS, FedExThe two companies are limiting the number of air express deliveries they will accept ahead of the holidays, according to The Wall Street Journal. The paper said the two companies are trying to avoid overloading their systems, to avoid a repeat of last year when some packages were delivered too late for the Christmas holiday.

GlaxoSmithKline, NewLink GeneticsThe drug makers received $43 million in U.S. government funding to help fund faster development of two vaccines for Ebola.

Brookfield Residential PropertiesThe real estate company will be taken private by Brookfield Asset Management, which already owns about 70 percent of the company.

Apple, Microsoft, BlackBerry, Ericsson, SonyThe Rockstar Consortium – consisting of these companies—has sold about 4,000 former Nortel Networks patents to patent management company RPX Corp. for about $900 million. The group had originally bought 6,000 Nortel patents for $4.5 billion.

Novo NordiskThe drug maker received FDA approval for its injectable obesity drug Saxenda.

SonyThe company is considering a sale of its Sony/ATV music publishing business, which owns the Beatles catalogue, according to the Wall Street Journal.

Questions? Comments? Email us at