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Early movers: M, DE, F, AMZN, KING, TSN, LQ & more

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

Check out which companies are making headlines before the bell:

Macy's–The retailer reported second quarter profit of 80 cents per share, six cents shy of estimates, with sales just about in line. CEO Terry Lundgren said many customers are still not feeling comfortable about spending more, although he did express optimism about longer-term prospects.

Deere–The heavy equipment maker reported quarterly profit of $2.33 per share, beating estimates by 13 cents, while revenue was essentially in line. Deere does say its profit this year will be lower than last year, but it continues to be optimistic about its future prospects.

Ford–Stifel Nicolaus upgraded the automaker's shares to "buy" from "hold", citing better than expected sales trends so far this year.

Amazon.com–The online retail giant has introduced a service called Local Register, which allows merchants to accept payments from mobile devices. Amazon is hoping to compete with services like PayPal and Square with an introductory rate for merchants that's lower than competitors are charging.

WellPoint–The health benefits provider will change its corporate name to Anthem, pending a November shareholder vote.

King DigitalThe maker of the "Candy Crush Saga" online game reported quarterly profit of 59 cents per share, excluding certain items, matching estimates. However, the company's revenue was well short of estimates, and it cut its full-year outlook. King also announced a $150 million special dividend, amounting to just under 47 cents per share.

JDS Uniphase–JDS beat estimates by a penny with fiscal fourth quarter profit of 14 cents per share, excluding certain items, while revenue was ahead of forecasts as well. However, the maker of networking equipment also gave a current quarter forecast for revenue and profit that fell below Street forecasts, due to order delays.

Tyson Foods, Hillshire Brands– Both companies have been asked by the Justice Department for additional information regarding Tyson's planned $7.7 billion purchase of Hillshire, the maker of Jimmy Dean sausages. The companies say the request involves a "very small portion" of the planned combination.

La Quinta Holdings–The hotel chain raised its full-year outlook, as it is giving a more optimistic forecast for its 2014 increase in revenue per available room, a key metric for the hotel industry. La Quinta went public in April as Blackstone Group (BX) sold a minority stake.

Fossil (FOSL) – Fossil saw its second quarter earnings and revenue come in above Street estimates, and its flat same-store sales performance was better than the drop analysts were expecting. The watch and jewelry designer also raised its full-year forecast.

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.