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Actionable news in TMUS: T-MOBILE US Inc,

Early movers: HAL, QCOM, MRK, BX, JNJ, TMUS, UAL & more

Check out which companies are making headlines before the bell:

Halliburton — The oilfield services company reported adjusted quarterly profit of 4 cents per share, 2 cents a share above estimates. Rrevenue came in slightly below Street forecasts. Halliburton said it has returned to operating profit within North America, but noted that an international downward cycle is still playing out.

Qualcomm — Qualcomm responded to a Friday lawsuit by Apple over Qualcomm's licensing practices. Apple claimed that Qualcomm has demanded unfair terms for use of its technology, leveraging a monopoly position, but Qualcomm called the claims "baseless" and said that Apple has failed to acknowledge the value of Qualcomm's technology. Separately, Nomura Instinet downgraded the stock to "neutral" from "buy," saying recent rulings regarding those licensing practices are potentially more impactful than anticipated.

Merck — Merck and Bristol-Myers Squibb have resolved a patent dispute over the cancer drug Keytruda. Merck will pay $625 million to Bristol-Myers and pay royalties for non-exclusive...


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