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Early movers: AAPL, RRC, JCP, BAC, TPUB, GOOGL, TEX, ANAC & more

Check out which companies are making headlines before the bell:

Apple — In its latest 13F filing, Berkshire Hathaway revealed a new 9.8 million share stake in Apple, as well as an increased stake in IBM. It also reduced its stake in Wal-Mart Stores and eliminated its stake in AT&T.

Anacor Pharmaceuticals — The drugmaker will be bought by Dow component Pfizer for $5.2 billion in cash, or $99.25 per share. That's well above Anacor's Friday close of $64.03.

Tribune PublishingGannett has increased its bid for Tribune to $15 a share in cash from the prior $12.25 per share, after reviewing Tribune's latest quarterly filing.

Range Resources — The oil and natural gas producer will buy Memorial Resource Development in an all-stock deal valued at $4.4 billion. Memorial shareholders will get 0.375 Range Resources shares for each share they now hold, giving them a value of $15.75 per share. That's 17 percent above Friday's closing price.

J.C. Penney — Baird upgraded the retailer's stock to "outperform" from "neutral," saying a 30 percent pullback from its March highs presents an attractive risk/reward profile. Baird said there is a "credible turnaround story" unfolding at J.C. Penney.

Bank of America — The bank's shares were downgraded to...