Check out which companies are making headlines before the bell:
Coca-Cola & Dr Pepper Snapple Group - Janney expanded its coverage of the non-alcoholic beverage industry with buy ratings on both soft-drink providers. In addition, Coke said it would split its North American business into two units rather than owning bottlers, as part of its strategy of returning to a franchise model.
Cott - Janney issued a neutral rating on the distributor of private-label beverages.
Adobe Systems - The maker of Photoshop and Acrobat software projected current-quarter results beneath expectations, but reported a 22 percent increase in subscribers to its Creative Cloud suite from the prior quarter.