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Market Insider | What's Shaking | Earnings to Watch | Before the Bell

Check out which companies are making headlines before the bell on Monday:

Bank of America - The bank has announced a $10 billion settlement with Fannie Mae over mortgage repurchases. It will pay $6.7 billion to buy loans held on Fannie Mae's books, and $3.6 billion to cover past losses. Bank of America has already reserved for a large portion of this settlement, and says the fourth-quarter hit to income will be $2.7 billion. However, it still expects a modest profit.

Applied Materials - The maker of semiconductor manufacturing equipment is seeing its stock downgraded to "underweight" from "neutral" at J.P. Morgan Securities. The firm believes that the outlook for capital expenditures by semiconductor manufacturers remains bearish.

Lowe's - Canaccord has downgraded the home improvement retailer's stock to "sell" from "hold," noting that Lowe's is in the midst of an operational restructuring. It said a management realignment appears to be counterproductive, and store revamps have not created significant enough improvement.

Humana - The health insurer said it expects 2013 sales for Medicare Advantage plans to be slightly higher than previously expected.

(Read More: Health Insurers Raise Some Rates by Double Digits)

U.S. Airways - The carrier's pilots are backing a labor proposal made by pilots of American Airlines. That proposal details how the two unions would be integrated if a proposed merger between the two carriers comes to fruition. That approval is seen as a key piece in making that merger a reality.

Amazon.com - The Internet retailer's shares have been upgraded to "overweight" from "equal-weight" at Morgan Stanley, citing increased opportunities in international markets.

Dick's Sporting Goods - Janney is upgrading shares of the sporting goods retailer to "buy" from "neutral," saying issues that have recently impacted the share price appear to be transitory. Janney said Dick's has ample growth opportunities that could drive solid earnings growth for several years to come.

Yahoo - The stock has been downgraded to "market perform" from "outperform" at Bernstein, which noted that there's no firm timing on an Alibaba initial public offering, which would see Yahoo finally cash in on its stake in the Chinese Internet provider, nor an improvement as yet in Yahoo's core business.

Time Warner - The company's HBO unit has extended a deal with Comcast's Universal Pictures unit, allow HBO to keep exclusive rights to Universal movies. That deal keeps those pictures away from Netflix. Terms of the extension were not disclosed. (Disclosure: Comcast is the majority owner of NBC Universal, the parent company of CNBC and CNBC.com.)

Citigroup - The bank is due to submit its capital plan to the Federal Reserve today. The Wall Street Journal has reported that Citi will ask for approval to buy back shares, although not to raise its dividend. Reuters reports that new Citi CEO Michael Corbat has been meeting with regulators in an attempt to improve the bank's relationships with them. Separately, the stock has been added to the "priority stock list" at Wells Fargo.

Flowers Foods - Flowers Foods and Mexico's Grupo Bimbo are reportedly in discussions to buy pieces of the Hostess Brands bread business. The bankrupt company is in the process of liquidating, and Reuters reports the bread brands' Wonder Bread, Nature's Pride, Home Pride, Merita, and Butternut could bring in more than $350 million dollars.

Lions Gate Entertainment - The movie studio scored a victory at the box office over the weekend, with its "Texas Chainsaw 3-D" taking the No. 1 spot with North American ticket sales of $23 million.

Intel - The chipmaker's stock has been upgraded to "buy" from "neutral" at Lazard Capital.

(Read More: See CNBC's Market Insider Blog)

—By CNBC's Peter Schacknow

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