GO
Loading...

Early movers: Red Hat, Carnival, CarMax & more

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

BlackBerry - Shares of the struggling smartphone maker rose in early trading after it said it had signed a five-year deal with Foxconn—the Taiwan-based manufacturer of Apple products—to help it develop consumer-focused smartphones for Indonesia and other markets.

Red Hat - Shares of the software company jumped after the company posted third-quarter earnings that topped Wall Street's estimates and hiked its full-year profit and sales outlook.

Fastenal - Shares of the supplier of industrial and construction supplies slid after it warned it expects to its fourth-quarter earnings will miss Wall Street's expectations.

CarMax - Shares of the used-car retailer fell after it reported third-quarter results.

Carnival - The cruise-ship operator gained in premarket trading after Credit Suisse Group upgraded its rating on its shares to outperform from neutral.

Walgreen - The drugstore operator's shares declined after it reported higher first-quarter sales but said an increase in promotions was among the factors that would reduce its gross-profit margin.

—By CNBC's Kate Gibson.

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 Senior Commodities Correspondent and 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.