Early Movers: LUFK, BA, BUD & More

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

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

Lufkin Industries - The oilfield services provider is being bought by General Electric for $3.3 billion in cash, or $88.50 per share.

Boeing - The jet maker completed all of its certification testing for a revamped 787 battery system. That puts Boeing a key step closer to getting the grounded jet back into service. Separately, Reuters reports competitor Airbus may be close to sealing a $7 billion jet order from one of Boeing's most loyal customers, British Airways.

Constellation Brands, Anheuser-Busch InBev - The two companies and Grupo Modelo have reached an agreement in principle with the Justice Department over AB InBev's deal to buy the part of Grupo Modelo it doesn't already own. The revised deal gives control of Modelo beers sold in the U.S. to Constellation, in response to DOJ concerns that the original deal would stifle competition.

(Read More: See the Day's Top Percentage Winners & Losers)

Dell - A special committee has told investor Carl Icahn it would not reimburse him for expenses related to his takeover bid, if he continues to threaten a proxy fight to force the computer maker to pay a sizable dividend.

Deutsche Bank - The bank is reportedly in talks with Japan's Mitsubishi UFJ to sell $3.7 billion in commercial property loans, according to Reuters. Mitsubishi is Japan's largest lender and has been making a concerted effort to grow its U.S. assets.

United Parcel Service - UPS is said to be appealing the European Union's decision to block its $6.7 billion deal to buy TNT Express. Reuters said UPS has decided to challenge the bid, which was dropped in January, because it believes the decision was factually and legally erroneous.

Johnson & Johnson - JPMorgan Chase has downgraded J&J to "neutral" from "overweight" on a valuation basis.

Avon Products - Avon said it will cut more than 400 jobs globally as part of a previously announced $400 million cost-savings initiative.

Virgin Media, Liberty Global - European regulators are expected to approve the proposed $15.8 billion dollar takeover of Virgin by Liberty, according to Reuters. A final decision is set to be announced on April 15.

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—By CNBC's Peter Schacknow

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