GO
Loading...

Early movers: GE, GOOG, MSFT, ISRG, HON & more

Check out which companies are making headlines before the bell on Friday:

General Electric The company reported second quarter profit of $0.36 per share, one cent above estimates. Revenue was below consensus, but GE attributes that to a faster than expected shrinkage of its GE Capital unit.

Whirlpool — The appliance maker's second quarter profit of $2.37 per share, excluding certain items, fell five cents short of estimates, but revenues were above consensus and the company also raised its full year forecast as sales rebound and profit margins widen.

Schlumberger —The oilfield services company posted second quarter earnings of $1.15 per share, excluding certain items, five cents above estimates. Strength in Schlumberger's international business helped offset some weakness in North America.

Baker Hughes —Schlumberger competitor Baker Hughes earned 61 cents per share for the second quarter, excluding certain items, four cents below estimates. Revenue was above consensus, but Baker Hughes, like Schlumberger, was impacted by weakness in the North American market.

Honeywell The diversified manufacturer earned $1.28 per share for the second quarter, seven cents above estimates, helped by higher profit margins.

VF —The clothing maker reported second quarter profit of $1.27 per share, excluding certain items, ten cents above estimates, with revenue in line with consensus. The company also raised its full year forecast, with earnings on track for a record year.

State Street —The bank earned $1.24 per share for the second quarter, five cents above estimates, helped by higher fees and better foreign exchange trading revenue.

Google — The search giant reported second quarter profit of $9.56 per share, excluding certain items, below estimates of $10.78. Revenue was also short, as ad prices weakened and losses increased from Google's Motorola mobile phone business.

Microsoft Microsoft earned 66 cents per share, excluding certain items, for its fiscal fourth quarter, nine cents below estimates, and revenue was below consensus. Slowing personal computer sales hurt its Windows business, and Microsoft also took a $900 million charge for its inventory of unsold Surface tablet computers.

Chipotle Mexican Grill —The restaurant operator reported second quarter profit of $2.82 per share, one cent above estimates, with revenues beating consensus. Same-store sales were up a better than expected 5.5 percent for the quarter.

Advanced Micro Devices — AMD lost 9 cents per share for its second quarter, smaller than the 12 cent loss expected by analysts, with revenue above forecasts. The chipmaker also forecast stronger than expected revenue for the current quarter, but also said its gross margins would fall.

Intuitive Surgical —The company earned $3.90 per share for its second quarter, below estimates of $4.04, with revenue falling short as well. The maker of surgical robots also forecast current quarter revenue below Street expectations, and said the FDA had sent it a warning letter following an inspection of its facilities last month.

Vodafone —The company reported a fiscal first quarter revenue decline of 3.4 percent, as competition increases in its European markets.

CBS, Time Warner Cable —The two companies are in a dispute over fees in the New York, Dallas, and Los Angeles markets. That could mean that local CBS TV stations and the Showtime cable network could go dark on Time Warner Cable systems next week.

Vivus —Dissident shareholder First Manhattan now has a majority on the drug maker's board, following an agreement with the company. Former AstraZeneca CEO Tony Zook will become chief executive officer, in a resolution of the dispute centering around the launch of the diet pill Qsymia.

Best Buy —The Big Box retailer is cutting the price of Apple's MacBook Pro by $200, ahead of the back-to-school season.

(Read More: See CNBC's Market Insider Blog)

—By CNBC's Peter Schacknow

Questions? Comments? Email us at marketinsider@cnbc.com

  • Patti Domm

    Patti Domm is CNBC Executive Editor, News, responsible for news coverage of the markets and economy.

  • A CNBC reporter since 1990, Bob Pisani covers Wall Street from the floor of the New York Stock Exchange.

  • CNBC Personal Finance Correspondent

  • JeeYeon Park is a writer for CNBC.com. Follow her on Twitter: @JeeYeonParkCNBC

  • Rick Santelli joined CNBC Business News as an on-air editor in 1999, reporting live from the floor of the Chicago Board of Trade.

  • Senior Producer at CNBC's Breaking News Desk.