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Early movers: KO, MCD, VZ, AAPL, NFLX, CS & more

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

Check out which companies are making headlines before the bell:

Comcast–The NBCUniversal parent reported second quarter profit of 76 cents per share, excluding certain items, four cents above estimates, with revenue slightly below estimates. Comcast said it saw strong momentum across its cable and content businesses, and that its video and high speed internet businesses saw their best second quarter in six years.

Coca-Cola —The beverage behemoth posted second-quarter earnings excluding items of 64 cents per share, up from 63 cents a share in the second quarter of 2013. Although volume grew, declining soda consumption affected its bottom line.

McDonald's—The fast food giant fell short of the earnings mark, posting $1.40 per share for the second quarter against estimates of $1.44 as comparable sales fell during the period.

DuPont–The company matched estimates with second quarter profit of $1.17 per share, excluding certain items, matching estimates, while revenue was above estimates. DuPont also increased its quarterly dividend to 47 cents per share from 45 cents.

Verizon–The telecom giant beat estimates by one cent with quarterly profit of 91 cents per share, excluding certain items, with revenue above estimates as well. Verizon added 139,000 net FiOS Internet customers in the second quarter, and 100,000 net FiOS TV customers.

Lexmark–The printer maker earned 99 cents per share for the second quarter, six cents above estimates, with revenue well above consensus. It also raised its 2014 earnings forecast, as it chalks up growth in the higher-margin services business.

Harley-Davidson– The motorcycle maker earned $1.62 per share for the third quarter, 16 cents above estimates, with revenue in line. Harley also lowered its full year guidance for motorcycle shipments to 270,000 to 275,000 from the prior 279,000 to 284,000.

Travelers–The insurance company reported second quarter profit of $1.93 per share, 14 cents below estimates, though revenue beat forecasts. Travelers' results were impacted by catastrophe losses that were higher than the prior year.

United Technologies–The company's second quarter profit came in 13 cents above estimates at $1.84 per share, with revenue beating estimates as well. United Technologies also raised the lower end of its 2014 earnings forecast, and is seeing its profit margins expand compared to a year ago.

Altria–The tobacco producer fell shy of estimates by a penny with second quarter profit of 65 cents per share, excluding certain items, with revenue essentially in line.

CIT Group–CIT is buying the parent company of privately held OneWest Bank for $3.4 billion in cash and stock.

Netflix–The streaming media company reported second quarter earnings of $1.15 per share, a penny below expectations. It also warned that its move to expand internationally would hurt third quarter profits. However, profit did more than double from a year earlier, and the company topped the 50 million subscriber mark after adding 1.69 million subscribers during the second quarter.

Chipotle Mexican Grill—The restaurant chain earned $3.50 per share for the second quarter, compared to estimates of $3.08, with revenue also well above estimates.Chipotle also boosted its sales forecast.

Amazon.com–The stock was downgraded to "neutral" from "buy" at Citigroup, which cites the retailer's aggressive investments which will hurt near-term earnings.

Texas Instruments–Texas Instruments reported second quarter profit of 62 cents per share, three cents above estimates. The chipmaker also said third quarter revenue should be higher, as demand for chips in automobiles and communications equipment grows.

Apple –The tech giant is asking suppliers to produce up to 80 million large-screen iPhones, according to the Wall Street Journal.

Time Warner–The company has moved to temporarily bar shareholders from calling special meetings, as it fends off a potential takeover attempt by 21st Century Fox. The media giant had previously approached Time Warner with an offer, but was rebuffed.

Yahoo–The Internet giant will buy mobile analytics firm Flurry for an amount said to be more than $300 million. Flurry's technology helps target consumers ads by analyzing user activity on mobile apps.

Johnson & Johnson–Johnson & Johnson announced a $5 billion stock buyback program.

Express– CEO Michael Weiss will retire in January, with President David Kornberg taking over as CEO of the apparel retailer.

Apache–Apache is on today's watch list after activist investor Jana Partners took a stake of more than $1 billion in the oil and gas producer.

Kindred Healthcare–Kindred told Gentiva Health Services it is prepared to match a $17.25 per share takeover offer put forth by an unnamed party a week ago.

Credit Suisse–The bank posted its biggest quarterly loss since the 2008 financial crisis, following the nearly $1.8 billion tax settlement with the U.S. government.

Starbucks, Burger King–The two have been hit by the China supplier scandal that has affected McDonald's and Yum Brands. The two had products supplied by Shanghai Husi Food Co, which was accused of selling expired meat to its customers.

Wal-Mart–The retail giant has instituted price cuts on various back-to-school season items, and is also increasing the number of back-to-school products available on its Walmart.com website.

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.