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Early movers: JOSB, SJM, AIG, CPB, MSFT, PG & more

Friday, 14 Feb 2014 | 7:52 AM ET
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Check out which companies are making headlines before the bell:

Jos. A. Bank —The clothing retailer is acquiring the Eddie Bauer brand from Golden Gate Capital for more than $800 million in cash and stock. Jos. A. Bank has the right to end the agreement if it receives a takeover bid that it feels will create more shareholder value than the Eddie Bauer deal.

J.M. Smucker — The food producer earned $1.66 per share for its third quarter, excluding certain items, missing estimates by two cents. Its revenue was also short of forecasts, as is the company's 2014 earnings forecast. Smucker is being hurt by competitive pricing as well as currency-related issues.

VF Corp —The clothing maker fell two short of estimates with fourth quarter profit of 82 cents per share, excluding certain items, and its 2014 forecast also falls slightly short of analyst predictions. The cold winter is benefitting VF's North Face brand, but that's being offset by weakness elsewhere.

Interpublic Group—The advertising giant earned 56 cents per share for the fourth quarter, missing estimates by two cents. Revenue did slightly exceed estimates, and the company also increased its quarterly dividend by 26.7 percent.

Twitter—The company's first lockup period expires tomorrow, allowing employees to sell as many as 9.9 million shares.

Campbell Soup–The food maker beat estimates by three cents with second quarter profit of 76 cents per share, excluding certain items, with revenue above estimates as well. Its results were helped by growing sales of its Simple Meals line.

Hyatt Hotels–The hotel chain earned 32 cents per share for the fourth quarter, beating estimates by 12 cents. Hyatt said it is focusing on expanding in key markets, and that its base of executed contracts for new hotels is the largest in its history.

Weight Watchers International —Weight Watchers reported fourth quarter profit of 54 cents per share, excluding certain items. That was shy of estimates by seven cents, and the weight-loss company's full year earnings projection for 2014 is also well below Street consensus as fewer people attend its meetings.

AIG—AIG earned $1.15 per share, excluding certain items, for the fourth quarter, beating estimates by 19 cents. The insurer also raised its quarterly dividend by 25 percent and increased the size of its stock buyback program by $1 billion. It also plans to cut its workforce by three percent.

Procter & Gamble—P&G is considering a number of internal and external candidates to succeed CEO A.G. Lafley, according to Reuters. Among the leading candidates: former P&G executive Fabrizio Freda, now CEO at Estee Lauder.

Microsoft—The Windows 8 operating system has sold more than 200 million licensees in its first 15 months, falling short of the 240 million that Windows 7 sold within its first year.

Kraft Foods Group— Kraft reported improved fourth quarter profits compared to a year earlier, on increased sales and lower costs.

Murphy Oil —Murphy Oil is considering Asian asset sales that could bring in up to $3 billion, according to Reuters.

Brocade Communications—Brocade earned 24 cents per share for its first quarter, excluding certain items, beating estimates by four cents. The networking equipment maker's revenue also beat estimates, as sales of its latest generation of storage equipment grew.

GNC Holdings —GNC missed estimates by a penny with fourth quarter profit of 63 cents per share, excluding certain items. Revenue fell below consensus, as does the nutritional products retailer's 2014 earnings outlook. GNC said bad weather has kept shoppers out of stores, and that January saw weak sales because of promotions that boosted revenue during November and December.

Occidental Petroleum—The company increased its quarterly dividend by 13 percent to 72 cents per share, and also increased its stock buyback program by 30 million shares.

Trulia—Trulia reported fourth quarter profit of three cents per share, excluding certain items, missing estimates by five cents. The real estate website operator's current quarter revenue projects are also largely short of estimates. Trulia's expenses nearly tripled during the recently concluded quarter.

UPS—UPS increased its quarterly dividend to 67 cents per share from 62 cents, payable on March 11 to shareholders of record as of February 24.

AMCOL—AMCOL has received a 42 dollar per share cash takeover bid from Mineral Technologies, according to Reuters, topping a 41 dollar per share bid from France's Imerys. AMCOL produces ingredients for products like kitty litter and moisturizers.

By CNBC's Peter Schacknow

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

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

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