Early movers: SCTY, TSLA, ADBE, FDX, WGO, KBH & more

Check out which companies are making headlines before the bell:

Winnebago (NYSE: WGO) — The recreational vehicle maker earned an adjusted 53 cents per share for its latest quarter, 9 cents a share above estimates. Revenue also beat forecasts. Winnebago's results were helped by strong growth in its towable products.

SolarCity (NASDAQ: SCTY) — Automaker Tesla (NASDAQ: TSLA) offered to buy the solar company for $2.8 billion in stock. Tesla CEO Elon Musk is the chairman and majority shareholder in SolarCity.

Priceline Group (NASDAQ: PCLN) — Barclays upgraded the travel website operator's stock to "overweight" from "equal weight," saying current valuation reflects undue pessimism about the company's prospects.

Adobe Systems (NASDAQ: ADBE) — Adobe reported adjusted quarterly earnings of 71 cents per share, 3 cents a share above estimates. The software tools maker's revenue matched forecasts. However, Adobe gave a weaker-than-expected forecast for the current quarter.

FedEx (NYSE: FDX) — FedEx beat estimates by 2 cents a share, with adjusted quarterly profit of $3.30 per share. Revenue also came in higher than analysts' forecasts. However, FedEx reported an overall quarterly loss due to pension adjustments and costs related to its acquisition of Europe's TNT.

KB Home (NYSE: KBH) — KB Home reported quarterly profit of 17 cents per share, 3 cents a share above estimates. The home builder's revenue easily topped forecasts. KB's home deliveries increased a better-than-expected 30 percent and new orders were higher by 8 percent.

Fortune Brands Home & Security (NYSE: FBHS) — The provider of home security products will join the S&P 500 after the close of trading tomorrow. The stock will replace Cablevision Systems, following the completion of that company's acquisition by Europe's Altice. Racetrack operator Churchill Downs (NASDAQ: CHDN) will replace Fortune in the S&P MidCap 400.

McDonald's (NYSE: MCD) — The restaurant chain has gotten more than six bids for its China and Hong Kong stores, according to Reuters, which said the sale of those stores could bring in up to $3 billion. Separately, Nomura downgraded the stock to "neutral" from "buy," based in part on slowing restaurant same-store sales trends in the U.S.

Walt Disney (NYSE: DIS) — Disney sued three China-based firms in a copyright dispute involving Disney's hit movie "Cars" and a locally produced animated film called "The Autobots."

Facebook (NASDAQ: FB) — Facebook signed nearly 140 deals for more than $50 million, paying celebrities and media companies to create videos for its live-streaming service, according to The Wall Street Journal.

Post Holdings (NYSE: POST) — The cereal maker held talks recently to combine with the frozen potato business of food producer ConAgra (NYSE: CAG), according to The Wall Street Journal. The paper said the talks stalled but could resume.

United Continental (NYSE: UAL) – The airline is reviewing how it uses its eight hubs at large airports, as it seeks ways to be as profitable as its rivals. United has a smaller market share at those hubs than those its competitors like American and Delta operate.

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