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Actionable news in SPLS: Staples, Inc.,

Early movers: FCS, CAG, LOW, SPLS, PMCS, AAPL, TIVO, BOBE & more

Check out which companies are making headlines before the bell:

Fairchild Semiconductor — The company agreed to be bought by rival chip maker ON Semiconductor or $2.4 billion cash, or $20 per share. Fairchild had closed at $17.88 per share Tuesday.

ConAgra Foods — ConAgra announced plans to split into two separate publicly traded companies, one dealing with consumer food brands, the other with ConAgra's food service business.

Lowe's — The home improvement retailer earned 80 cents per share for the third quarter, 2 cents above estimates. A same-store sales increase of 4.6 percent for Lowe's exceeded analyst estimates of a 4.2 percent increase.

Staples — The office supplies seller matched forecasts with quarterly profit of 35 cents per share, though revenue was slightly below analyst forecasts.

PMC-Sierra — The back-and-forth battle for the chipmaker took another turn as Microsemi raised its bid again, this time to $12.05 per share in cash and stock. PMC-Sierra originally had a deal to be bought by Skyworks Solutions and the two bidders have moved to outbid each other several times since then.

Apple — Apple was added to the "conviction buy" list at Goldman Sachs, which notes that Apple is trading at a 30 percent...


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