Early movers: CPB, PLL, VZ, GES, TFM, JNJ & more
Check out which companies are making headlines before the bell on Thursday:
Campbell Soup - Depending on various inclusions and exclusions, the soup maker reported adjusted fourth quarter earnings figures of 45 cents, 43 cents, and 37 cents per share. Street analysts had estimated Campbell would earn 42 cents per share during the quarter. The company said its results were helped by better performance for its U.S. soup business, as well as its Pepperidge Farm unit.
Pall Corp.- The maker of filtration systems earned 90 cents per share, excluding certain items, for its fiscal fourth quarter, beating estimates by a cent. Sales were also better than expected, although Pall's industrial markets have seen soft demand in recent quarters.
Guess - Guess reported second quarter profit of 52 cents per share, 16 cents above estimates. Revenue also topped consensus, but the retailer is also projecting current quarter profit below current analyst forecasts. Investors are focusing on the upbeat second quarter, which came amid better than expected sales in North America.
Fresh Market - The online grocer matched estimates with second quarter profit of 32 cents per share, but the company also cut its full year forecast while lifting the low end of its same-store sales outlook.
Johnson & Johnson - J&J has announced a partnership with London's University of Leuven, in an attempt to develop drugs to treat dengue fever. That malady is the world's fastest spreading tropical disease.
Blackstone - Blackstone settled a class action suit over its 2007 initial public offering for $85 million. The company had been accused of not disclosing that various investments were declining in value ahead of the IPO. Blackstone continues to deny wrongdoing as part of the settlement.
U.S. Airways, American Airlines parent AMR - The two airlines and the Justice Department all say they are open to negotiating a possible settlement of the DOJ suit to prevent the proposed merger of U.S. Airways and American. But there is no indication that any sort of agreement is near.
Altera - The chipmaker's board approved an increase in the company's buyback program, now allowing it to repurchase approximately 13 percent of its outstanding shares.
Urban Outfitters - The retailer's board has authorized a stock buyback of 10 million shares.
(Read More: See CNBC's Market Insider Blog)
—By CNBC's Peter Schacknow
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