Check out which companies are making headlines before the bell:
Toll Brothers – The luxury home builder earned 87 cents per share for its latest quarter, well above the 69-cent-a-share consensus estimate. Revenue was slightly below forecasts. Deliveries were up 26 percent over a year earlier, and the average price of those delivered homes was up 6.5 percent to $842,700.
Restaurant Brands International – The parent of Tim Hortons, Burger King, and Popeyes was rated "top pick" at UBS, which said it sees continued outperformance over the next 12 months based on accelerating unit growth and initiatives that are driving comparable sales.
Coty – The cosmetics company reported a breakeven quarter on an adjusted basis, compared to estimates of a nine cents per share profit. Revenue did beat forecasts, but the company's bottom line was impacted by significantly higher spending on marketing.
DSW – The shoe retailer earned an adjusted 38 cents per share for the second quarter, beating estimates by nine cents a share. Revenue beat forecasts and comparable sales were up 0.6 percent compared to the consensus Thomson Reuters estimate of a 2.1 percent decline. DSW also announced a $500 million stock buyback.
Hain Celestial - Susquehanna downgraded the natural products maker to "neutral" from "positive," based on valuation, competitive trends, and other factors.
Medtronic – The medical products maker reported adjusted quarterly profit of $1.12 per share, four cents a share above estimates, though revenue missed forecasts. The company said revenue was hurt by a global computer system disruption and supply issues involving its diabetes sensors, but added those are temporary issues that should not prevent margin expansion.
Macy's - The retailer named senior eBay executive Hal Lawton as its new president, reporting to CEO Jeff Gennette. Lawton will join Macy's on September 8. Macy's also announced the restructuring of its management ranks, cutting about 100 jobs.
Tronc – Tronc named former Yahoo interim CEO Ross Levinsohn as chief executive officer and publisher of the Los Angeles Times.
Ford Motor – Ford signed a memorandum of understanding with China-based automaker Anhui to jointly build electric passenger vehicles in that country.
BHP Billiton – The mining company said it would exit its U.S. shale oil and gas business, as well as announcing a jump in full-year profits. Hedge fund Elliott Management had been urging BHP to reevaluate its oil and gas investment and take other steps to boost shareholder value.
TD Ameritrade – TD Ameritrade has launched a Facebook "chatbot", which lets customers access information from the online brokerage through Facebook's Messenger app.
Boeing, Northrop Grumman – The two defense contractors were awarded U.S. Air Force contracts to replace the Minuteman III intercontinental ballistic missile system.
Fiat Chrysler – China's Great Wall Motor said it is indeed interested in bidding for all or part of the automaker, but clarified earlier reports by agreeing with Fiat Chrysler that it had not, in fact, approached the company about a possible deal.
Apple – Apple cut the time between order and delivery for its AirPod wireless headphones to two to three weeks from the prior four weeks. Earlier, the wait for AirPods had been as much as six weeks.
Tempur Sealy – Tempur Sealy was upgraded to "buy" from "hold" at Stifel Nicolaus, which also increased its price target on the mattress maker's stock to $80 from $60. Stifel said the company is recapturing market share at a "surprising" speed.
Ruby Tuesday – Ruby Tuesday announced a strategic plan dubbed "Plan To Win," designed to address sales and operational challenges and improve profitability. The plan comes as the restaurant chain reports falling sales and adjusted profits for its latest quarter compared to a year earlier.