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Early movers: DE, PG, DOW, IBM, MSFT, F, TM & more

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Check out which companies are making headlines before the bell:

Deere–The farm equipment maker earned $1.81 per share for its fiscal first quarter, beating estimates of $1.52. Revenue was also well above estimates, with Deere doing relatively well in a relatively pessimistic atmosphere for the farm economy. Deere said it is doing well in controlling costs, helping its bottom line.

Procter & Gamble–he consumer products giant cut its 2014 profit forecast because of Venezuela's currency devaluation, as well as other currency-related fluctuations.

Dow Chemical–The chemical maker has rejected investor Dan Loeb's call to split itself in two, saying it has studied the idea and decided it would not be productive.


Owens Corning–The building materials maker earned 44 cents per share for the fourth quarter, 17 cents above estimates, helped by a return to profitability for its insulation business. The company also said it would pay its first quarterly dividend in 14 years.

Intuit – The maker of tax preparation software is forecasting fiscal second quarter earnings of 1 to 2 cents per share, well below estimates of 26 cents, with revenue well below estimates as well. Intuit is citing the delayed start to the tax filing season, stemming from last October's government shutdown.

FireEye—The company reported a fourth quarter loss of 35 cents per share, excluding certain items, a slightly smaller loss than the 37 cents analysts were forecasting. Revenue was also above estimates, but the current quarter revenue forecast for the network security company is below Street consensus.

TripAdvisor–The travel review site matched Street estimates by earning 21 cents per share for the fourth quarter, while revenue was above forecasts. TripAdvisor's results were impacted by higher expenses.

Fossil–The retailer earned $2.68 per share for its fourth quarter, above estimates of $2.43, and sees faster current quarter revenue growth than analysts have been forecasting. Its current quarter earnings forecast is below estimates, but investors appear encouraged by higher North American sales of its watches and other luxury goods.

IBM–Big Blue CEO Ginni Rometty is reportedly in China for talks with government leaders, according to Reuters. IBM's sales have been hurt in China, relating to claims of U.S. government spying.

Microsoft–The software giant is denying claims that its Bing search engine is censoring material that the Chinese government considers sensitive for users outside China. The claims came from China-based freedom of speech group GreatFire.org.

Ford–The automaker reports a 53 percent jump in China auto sales in January compared to a year earlier.

Amazon.com–Amazon will hire more than 2,500 workers at its fulfillment centers around the country, with the official announcement coming later today. Separately, UBS downgraded Amazon to "neutral" from "buy", citing the trends season in Amazon's most recent earnings report.

Toyota–The automaker is recalling 1.9 million Prius models worldwide, to deal with a potential software glitch that could cause the vehicle to stall. No injuries or accidents have been reported as a result of the problem.

By CNBC's Peter Schacknow

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

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  • Patti Domm

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

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