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Early movers: LOW, TIF, NFLX, GOOG, ADI & 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:

Lowe's–The home retailer reported first quarter profit of 58 cents per share, excluding certain items, two cents below estimates, though revenue did beat forecasts. Comparable store sales were lower than expected, with Lowe's citing the impact of severe winter weather.

Tiffany–The luxury goods seller reported first quarter profit of 97 cents per share, well above estimates of 78 cents.Revenue beat estimates and Tiffany also raised its full year forecast.

HormelThe food producer earned 52 cents per share for its second quarter, excluding certain items, four cents below estimates, but sales were better than expected. Hormel is seeing margin pressure in some of its businesses, and sees full-year profit coming in at the low end of its prior forecast.


IntuitThe personal finance software maker reported fiscal third quarter profit of $3.53 per share, excluding certain items, three cents above estimates. However, the company lowered its current quarter profit forecast to six to eight cents per share, well below consensus.

Analog Devices–The chip maker beat estimates by three cents with fiscal second quarter profit of 58 cents per share, with revenues also well above analyst forecasts. The company saw strength in all its primary markets, and sees those trends continuing in the current quarter.

Salesforce.com–Salesforce earned 11 cents per share, excluding certain items, for the first quarter, a penny above estimates. The maker of customer relations management software also raised its full year forecast and stronger demand for its products.

Netflix–The streaming video company plans to launch its service in six European countries later this year, including France, Germany, Austria, Switzerland, Belgium, and Luxembourg.

TripAdvisor–The company is under investigation by Italian antitrust authorities. Officials are looking into whether TripAdvisor takes appropriate steps to avoid the publication of fake reviews.

Gilead Sciences–Gilead is defending accusations about the cost of its hepatitis C treatment Sovaldi, saying it is in line with existing standards. America's Health Insurance Plans–a leading health insurance industry trade group–said the drug has produced "tremendous" results but that it is priced at an "astronomical" level.

Google–Google passed on a foreign takeover deal worth up to $5 billion, according to an SEC filing. The company involved was not named. Separately, Google beat out Apple as the world's most valuable brand, according to a study commissioned by ad agency WPP.

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.