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Actionable news in PPS: POST PROPERTIES Inc,

Early movers: PPS, BBY, DECK, AGN, FB, ATVI, TWTR, TSLA & more

Check out which companies are making headlines before the bell:

Post Properties — The apartment real estate investment trust is being bought by rival MAA in a $4 billion stock swap deal. The two companies focus on apartments located in Sunbelt states.

Xylem — The water treatment company is buying privately held Sensus for about $1.7 billion in cash. Sensus is a maker of smart meters and also provides data analytics services for various utility industries.

Dollar General — The retailer's stock was downgraded to "hold" from "buy" at Jefferies, both on a valuation basis and from the potential threat of highly competitive pricing.

Best Buy — Jefferies also downgraded Best Buy to "hold" from "buy," with the call based on a maturing cycle for 4K television sets.

Deckers Outdoor — The maker of UGGS and other footwear was upgraded to "outperform" from "market perform" at Telsey Advisory Group, based on the idea that weather trends should be more favorable...