Check out which companies are making headlines before the bell:
Deere – The heavy equipment maker earned $1.53 per share for its third quarter, 9 cents above estimates. However, revenue was below forecasts and Deere also lowered its forward guidance. The company said it is being impacted by a downturn in the farm economy and lower demand for construction equipment.
Foot Locker – The sports footwear and apparel maker earned 84 cents per share for its second quarter, 15 cents above estimates. Revenue was above analysts' forecasts as well, and a same-store sales increase of 9.6 percent exceeded estimates of a 6 percent rise.
Hewlett-Packard – HP reported adjusted quarterly profit of 88 cents per share, 3 cents above estimates. Revenue was slightly below forecasts, with slumping personal computer sales continuing to weigh on results as HP prepares to split off its personal computer and printer businesses into a separate company.
Gap – Gap earned an adjusted 64 cents per share for its latest quarter, matching estimates, with revenue also essentially in line. The parent of Gap, Old Navy, and Banana Republic cut its estimate of projected charges for the year for overhauling its Gap brand apparel business. Gap had cut its sales and earnings outlook for the quarter earlier this month.
Salesforce.com - Salesforce beat estimates by two cents with adjusted quarterly profit of 19 cents per share, with revenue exceeding forecasts by a slight margin. The business software maker also raised its full year outlook for the second consecutive quarter, as profit margins rise and subscription levels increase.
Intuit – Intuit lost 5 cents per share for its latest quarter, a loss that was 6 cents smaller than expected. Revenue was below estimates, however, and the financial software maker also announced plans to divest its Quicken business, along with two others.
Fresh Market – Fresh Market fell 4 cents shy of estimates with adjusted quarterly profit of 36 cents per share, with revenue also falling short of analyst projections. The grocery retailer issued an outlook for the full year that falls short of Street forecasts, and said it expects comparable-store sales to fall 1 percent to 2.5 percent for the year. That outlook does trim the upper end of that forecast from the prior 3 percent.
Sysco – Sysco added Trian's Nelson Peltz and Josh Frank to its board of directors. The move comes shortly after Trian disclosed a seven percent stake in the food distribution company.
Novartis – Novartis will buy all remaining rights to the multiple sclerosis treatment Ofatumumab from GlaxoSmithKline for up to $1 billion.
Toyota – The automaker will buy 13 million airbag inflators from Nippon Kayaku, a rival to Takata, according to a Reuters report. Toyota is trying to reduce its dependence on Takata following widespread recalls of vehicles involving defective Takata inflators.
FedEx – FedEx said it would formally launch a $4.8 billion for Dutch delivery company TNT Express on Monday. It said it is confident that the deal will win regulatory approval, two years after regulators blocked an attempt by UPS to buy TNT.
Netflix – Netflix is the subject of increasing protest over its exclusion of the employees of its DVD-by-mail service from its newly introduced extended parental leave policy.
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