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Early movers: ZLC, HLF, BBRY, TGT, GRMN, CF & more

Traders on the floor of the New York Stock Exchange.
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Traders on the floor of the New York Stock Exchange.

Check out which companies are making headlines before the bell:

Zale – The jewelry retailer is being acquired by Signet Jewelers for $21 per share in cash, or $690 million. Signet is the parent of the KayJewelers chain.

Family Dollar–A Credit Suisse report suggests Wal-Mart should buy Family Dollar as a way to fill a small store hole in its store portfolio.

Garmin–The maker of GPS devices reported fourth quarter profit of 76 cents per share, excluding certain items, 14 cents above estimates, with revenue well above forecasts as well. Garmin said non-automotive products are now delivering 50 percent of its sales.


Host Hotels–The hotel operator beat estimates by four cents with fourth quarter profit of 16 cents per share, with revenue beating consensus by a slight margin. Host points to strong growth in revenue per available room in hotels open at least a year.

Herbalife – Herbalife reported fourth quarter profit of $1.28 per share, excluding certain items, three cents above estimates. Its current quarter earnings forecast is below consensus, but the nutritional products maker did raise its full year outlook.

Mattress Firm–The company is cutting its current year earnings guidance, citing the impact of winter weather. The mattress retailer also said it's been spending more in efforts to boost sales.

La-Z-Boy–The furniture maker earned 32 cents per share for its third quarter, missing estimates by five cents, and its revenue also fell below consensus. The company also blamed bad weather for weighing on its sales.

Group 1 Automotive–Group 1 is also on the list of companies pointing to severe winter weather weighing on its results. The auto parts retailer said sales lost due to weather will shave 15 to 20 cents per share off its current quarter results.

Panera Bread–Panera beat Street estimates by two cents during its fourth quarter, reporting earnings of $1.96 per share. However, its current quarter outlook is below analyst forecasts, with the restaurant chain saying winter weather is cutting down on customer visits.

Colgate-Palmolive–The household product giant is forecasting a one-time after tax loss of 19 to 20 cents per share this quarter, owing to Venezuelan currency volatility.

CF Industries–CF reported fourth quarter profit of $5.71 per share, well above estimates of $4.49, while the fertilizer producer's revenue was also above forecasts.

Verizon–The telecom giant will issue about 1.3 billion new shares of common to Vodafone shareholders, to complete its acquisition of Vodafone's 45 percent stake in Verizon Wireless.

BlackBerry–The smartphone maker's patent claims are invalid, according to lawyers for attachable keyboard maker Typo Products. Typo was sued by BlackBerry last month for its keyboard, which attaches to some of Apple's iPhone models.

Target–The retailer's credit card data breach has cost banks $200 million and the cost is still rising, according to calculations by the Consumer Bankers Association and the Credit Union National Association.

By CNBC's Peter Schacknow

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's Senior 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.