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Early movers: DE, SHLD, YHOO, SODA, SNE, P & more

A trader works on the floor of the New York Stock Exchange.
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A trader works on the floor of the New York Stock Exchange.

Check out which companies are making headlines before the bell:

Deere–The heavy equipment maker earned $2.65 per share for its second quarter, 17 cents above estimates, but sales were short of analyst forecasts as sales in the U.S. and Canada fell 12 percent.

Sears Holdings–Sears is considering strategic alternatives for its 51 percent stake in Sears Canada, and is hiring an investment bank to assist it in that process.

Yahoo–Yahoo is buying mobile messaging app and SnapChat competitor Blink for an undisclosed amount.


SodaStream–The maker of home beverage systems earned eight cents per share for the first quarter, beating estimates by seven cents, while revenue was in line with forecasts. The company said the U.S. holiday season was "challenging", but added that growth outside the U.S. was strong.

OpenTable–Bank of America/Merrill Lynch repeated a "buy" rating on the online restaurant reservation service's shares, following Tuesday's seven percent decline. That came after Yelp announced a free restaurant reservation system for users.

Plug Power–The power systems maker reported a quarterly loss of six cents per share, wider than the five cents forecast by analysts.

Fossil —The fashion accessory maker reporting first quarter profit of $1.22 per share, five cents above estimates, with revenue above forecasts as well. However, Fossil also sees current quarter profit well below Street estimates, with same-store sales in North America continuing to decline.

Take-Two Interactive –The game maker earned 21 cents per share, excluding certain items, for its fourth quarter, eleven cents above estimates, and revenue beat analyst forecasts by a wide margin. The company does see a current quarter loss wider than Wall Street had been expecting, even amid steady sales of its "Grand Theft Auto" and "NBA 2K14" games.

Anadarko Petroleum–Anadarko raised its quarterly dividend by 50 percent to 27 cents per share, after having increased its quarterly payout just last August.

Krispy Kreme Doughnuts—Krispy Kreme has named Anthony Thompson as its new chief executive officer, replacing James Morgan, who will serve as executive chairman. Thompson had been president and chief operating officer at pizza chain Papa John's.

Sony–Sony is forecasting an annual loss for a second consecutive year, and said it planned new restructuring measures.

Fortress Investment Group–Fortress is considering a $4.7 billion bid for Stuyvesant Town-Peter Cooper Village in New York, according to a Bloomberg report.

Pandora–The online radio service's shares were upgraded to "outperform" from "market reform" at Raymond James.

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 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.