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Early movers: BIG, GOOG, S, AVGO, AZN, AAPL & more

Traders work on the floor of the New York Stock Exchange (NYSE).
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Traders work on the floor of the New York Stock Exchange (NYSE).

Check out which companies are making headlines before the bell:

Big Lots–The discount retailer beat estimates by one cent with second quarter earnings of 31 cents per share, excluding certain items. Revenue was below estimates, and a same-store sales increase of 1.7 percent was short of the 2.4 percent consensus forecast. However, Big Lots did raise the lower end of its yearly earnings forecast.

NXP SemiconductorsApple is reportedly working with the Dutch chipmaker on technology to enable pay-by-touch in the next iPhone.

AstraZeneca–The drug maker moved one of its new cancer drugs into a mid-stage study, boosting hopes for its success. The drug currently known as MEDI-4736 is designed to help the body's immune system ward off tumors.


Splunk —The data analytics software maker posted a surprise profit of one cent per share, excluding certain items. Analysts had thought the company would lose two cents per share, and its revenue and forward guidance were also better than expected, as its customer base continues to expand.

Veeva Systems–Veeva beat estimates by two cents with second quarter profit of nine cents per share, excluding certain items. Revenue also beat estimates, with the life-sciences software company saying its sales are running well ahead of its own forecasts.

Pacific Sunwear–The teen retailer matched estimates with a quarterly loss of three cents per share, though revenue and PacSun's same-store sales were better than analysts had forecast. The company had issued a warning back in May about the negative impact of discounting and weakness in its women's division. PacSun also forecast a bigger than expected loss for the current quarter.

Avago Technologies–Avago earned $1.26 per share, excluding certain items, beating estimates by 18 cents. Its revenue nearly doubled from a year earlier, on increasing demand for its smartphone chips.

Johnson & Johnson–The company will seek a buyer for its Cordis medical device unit, according to Dow Jones, which said the unit could bring in as much as $2 billion.

Google–The search giant announced Project Wing, a goods delivery system that utilizes drones.

Sprint–The wireless carrier will offer a Sony smartphone for the first time, according to Reuters, which said the mobile operator will sell the company's soon-to-be-unveiled Xperia Z3 phone.

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.