Early Movers: BBRY, NKE, C, YHOO, ACN & More
Check out which companies are making headlines before the bell on Friday:
BlackBerry — The handset maker reported a loss of 13 cents per share, excluding certain items, compared to analyst estimates for a profit of six cents per share. Revenue and smartphone shipments were also below estimates, with the company saying the market is highly competitive and that it is difficult to estimate profitability.
Nike —The athletic footwear and apparel maker reported fiscal fourth quarter profit of 76 per share, two cents above estimates, with revenues also beating consensus. Nike has seen strong demand in both the U.S. and many of its overseas markets, and that trend is remaining in place with future orders up 8 percent in the quarter from the year-ago period.
Accenture — Accenture earned $1.14 per share for its fourth quarter, one cent above estimates, though the consulting firm's revenues came up short of Wall Street forecasts. The company also lowered its full year revenue outlook, following two years of growth.
Pfizer — Pfizer announced a new $10 billion share buyback program, in addition to $3.9 billion remaining from the drug maker's earlier buyback authorization.
Citigroup — Citi may add as many as three directors to its board, according to chairman Michael O'Neill, who said the board may not have "all the right skills" in place.
Yahoo —Yahoo is likely to fall out of the race to buy Hulu, according to Variety, which characterizes the Yahoo bid as "low".
Google — Google is developing a videogame console and wristwatch based on its Android operating system, according to the Wall Street Journal.
Sprint , Clearwire — Reuters reports the companies won't be required by federal regulators to sell any spectrum as part of the deals which will see Sprint buy the part of Clearwire it doesn't already own, and Japan's Softbank buying most of Sprint.
Molycorp —Molycorp will not be hit with an enforcement action from the SEC, which has closed an investigation into the rare earth mining company's public disclosures.
Bed Bath & Beyond — The retailer's shares were upgraded by Bank of America/Merrill Lynch to "buy" from "neutral".
GameStop — Bank of America/Merrill Lynch started coverage of the videogame retailer with a "buy" rating.
Starbucks — An RBC report highlights the company's testing of its new carbonated "Sparkle Drinks" and that they could drive sales in off-peak hours when they are launched nationally. RBC has a "sector perform" rating on Starbucks.
(Read More: See CNBC's Market Insider Blog)
—By CNBC's Peter Schacknow
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