Early movers: DELL, VIAB, ETN, KRFT, LNKD & more
Check out which companies are making headlines before the bell on Friday:
Dell — CNBC's David Faber reports that Dell's special committee has reached a deal with founder Michael Dell and Silver Lake Partners for an improved buyout offer of $13.75 per share plus a special dividend.
Host Hotels — The hotel operator matched estimates by earnings 16 cents per share for the second quarter, but funds from operations - a more important measure in the hotel industry - was above forecasts.
Eaton Corporation — The manufacturer earned $1.09 per share for the second quarter, two cents below estimates. Revenue also missed forecasts, and Eaton also cut the top end of its full year outlook because of slower growth in its target markets.
Brinker International —The parent of the Chili's restaurant chain topped estimates by three cents with fiscal fourth quarter profit of 77 cents per share, though revenue came up short.
Kraft Foods Group —Kraft reported second quarter profit of 85 cents per share, excluding certain items, compared to estimates of 66 cents. Revenue did fall short of consensus due in part to lower prices, but Kraft also raised its earnings forecast for the year.
LinkedIn — The professional social network reported second quarter profit of 38 cents per share, excluding certain items, seven cents above estimates, with revenues also coming in above consensus. But the company also projected current quarter revenue below Street estimates despite raising its fees.
Apple —The International Trade Commission has delayed a decision in the patent case involving Apple and Samsung. The decision on whether Samsung devices violate Apple patents has been put off until August 9, with no reason given for the delay.
Activision Blizzard — Activision posted second quarter profit of 8 cents per share, excluding certain items, one cent above estimates, with revenue also beating estimates. The videogame maker also forecast current quarter revenue above Street consensus, in anticipation of new consoles from both Sony and Microsoft.
AIG — The insurance giant reported second quarter profit of $1.12 per share, excluding certain items, beating estimates of 85 cents, though revenue was short of consensus. AIG also announced a $1 billion stock buyback program, and resumed a quarterly dividend of 10 cents per share, its first since being bailed out by the government in 2008.
OpenTable — OpenTable beat estimates by three cents with second quarter profit of 50 cents per share, though the restaurant reservations service also predicted current quarter earnings below analyst forecasts. OpenTable has been investing in increasing its mobile device presence.
Weight Watchers International — Shares are under pressure after the company gave a full year earnings outlook that was short of Street estimates and also announced the resignation of CEO David Kirchhoff. He'll be replaced by President and Chief Operating Officer James Chambers.
Toyota — The automaking giant reported fiscal first quarter profit nearly doubled from a year ago, and raised its forecast for the year. Toyota also set a worldwide production goal of 10.1 million vehicles for the 2013 calendar year, which would be an industry record.
(Read More: See CNBC's Market Insider Blog)
—By CNBC's Peter Schacknow
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