Names on the move ahead of the open. : Wells Fargo – Federal Reserve said it is restricting the bank's size in response to "widespread consumer abuses." Wells Fargo said it will replace four board members, three by April. The bank's shares were downgraded by at least five firms on Monday, including JPMorgan, Citigroup, and Morgan Stanley. Broadcom – Broadcom raised its takeover offer for rival chipmaker Qualcomm to $82 per share, consisting of $60 per share in cash and the rest in stock. Broadcom is calling this bid its "best and final offer."