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

Peter Schacknow
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Check out which companies are making headlines before the bell:

Cal-Maine Foods (CALM)-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.

DirecTV (DTV)-The satellite TV operator and Walt Disney (DIS) sign a multiyear distribution agreement.

Norwegian Cruise Line (NCLH)-Norwegian 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.

Citigroup (NYSE:C)-Citi will reportedly sell its Japanese retail banking operations to Japan's Sumitomo for about $330 million, according to Reuters.

Wal-Mart (WMT)-The 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 (UPS), FedEx (FDX)-The 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 (London Stock Exchange: GSK-GB), NewLink Genetics (NLNK)-The drug makers received $43 million in U.S. government funding to help fund faster development of two vaccines for Ebola.

Brookfield Residential Properties (BRP)-The real estate company will be taken private by Brookfield Asset Management, which already owns about 70 percent of the company.

Apple (AAPL), Microsoft (MSFT), BlackBerry (Toronto Stock Exchange: BB-CA), Ericsson (Stockholmsborsen:ERIC.B-SE), Sony (Tokyo Stock Exchange: 6758.T-JP)-The Rockstar Consortium - consisting of these companies-has sold about 4,000 former Nortel Networks patents to patent management company RPX Corp. (RPXC) for about $900 million. The group had originally bought 6,000 Nortel patents for $4.5 billion.

Novo Nordisk (Copenhagen Stock Exchange: NOVO.B-DK)-The drug maker received FDA approval for its injectable obesity drug Saxenda.

Sony (Tokyo Stock Exchange: 6758.T-JP)-The company is considering a sale of its Sony/ATV music publishing business, which owns the Beatles catalogue, according to the Wall Street Journal.


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