Check out which companies are making headlines before the bell:
General Electric—GE's latest earnings report offered a handful of different earnings numbers, but 28 cents—which matches estimates—is the one that's comparable to analyst forecasts. Separately, GE offered concessions in its bid to win European approval for its proposed $13.5 billion acquisition of Alstom's power unit. The deal for the French company's power business would be GE's biggest-ever acquisition, but it's been running into antitrust concerns. GE did not provide details on exactly what concessions it offered.
SunTrust Banks—The bank earned an adjusted 86 cents per share for its latest quarter, 5 cents above estimates, with revenue also beating forecasts. The beat came despite a drop in the key profitability measure of net interest margin.
Honeywell—The industrial manufacturer beat estimates by 2 cents with quarterly profit of $1.51 per share. Revenue was slightly above forecasts, and the company also raised the low end of its 2015 guidance. Honeywell's results were helped by a drop in costs.
Google—The company reported adjusted quarterly profit of $6.99 per share, 29 cents above estimates, with revenue essentially in line. That comes despite a drop in ad prices and significant investments in existing and potential new businesses.
Mattel—Mattel surprised the Street with an adjusted quarterly profit of 1 cent per share, compared to consensus estimates of a loss of 4 cents per share. Revenue was slightly below forecasts for the toy maker, but investors appear pleased with new CEO Christopher Sinclair's turnaround efforts.
Schlumberger—Schlumberger earned an adjusted 88 cents per share for its latest quarter, 9 cents above estimates, and revenue also came in above Street forecasts. The oilfield services company benefited from reduced expenses, amid a drop in global drilling activity.
Advanced Micro Devices—AMD reported an adjusted quarterly loss of 17 cents per share, matching analyst estimates, but revenue came in below projections, and the chip maker's current quarter revenue forecast is below consensus estimates. AMD is feeling the impact of a continuing decline in personal computer demand.
Hertz Global—Hertz completed a multi-year restatement of its financials, with the auto rental giant trimming 2012 and 2013 profit by more than $50 million. At the same time, Hertz announced plans to cut costs as well as a $1 billion share buyback program.
J.M. Smucker—The food company increased its quarterly dividend to 67 cents per share from 64 cents. The 5 percent increase will be paid on September 1 to shareholders of record as of the close of business on August 14.
Ericsson—Ericsson reported a 20 percent drop in second quarter profit, even as the wireless equipment maker saw broadband market demand in North America stabilize.
Peabody Energy, Arch Coal—The two were sued by the coal industry's pension plan. The union wants the two to pick up nearly $800 million in pension liabilities of Patriot Coal, which filed for bankruptcy in May. Patriot was created from assets once owned by Peabody and Arch.
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