Market Insider

Early movers: HPQ, ANF, DENN, TIVO, MS, C & more

Check out which companies are making headlines before the bell:

Hewlett-Packard - The former Dow component reported fiscal fourth quarter profit of $1.01 per share, excluding certain items, beating estimates by a penny. Revenue was also above analyst forecasts, led by an increase in enterprise sales.

Abercrombie & Fitch, Aeropostale – An analysis by analyst Susan Anderson at FBR points to Abercrombie & Fitch as having the best value among teen retailers in a potential LBO situation, even though the focus has been on Aeropostale.

Compuware– The Financial Times reports several private equity firms are interested in Compuware, including Thomas Bravo and Vista Equity Partners.

Intel– The chipmaker's stock was downgraded to "sector perform" from "outperform" at RBC, which questions Intel's strategy in several areas, including its spending to gain share in the tablet and handset markets.

Denny's– The stock was downgraded to "neutral" from "buy" at Janney Montgomery Scott, which said the restaurant operator's stock is now fairly valued after a rapid rise.

Foster Wheeler– British engineering firm Amec is looking at a number of acquisition targets, including Foster Wheeler, but is not currently in talks with that company according to Reuters. The London Times had reported that Amec had hired Goldman Sachs to advise it on a potential deal.

Crocs– The shoe maker is reportedly in talks with private equity firm Blackstone and others about a possible stake in the company, according to a Bloomberg report.

Zale – The jewelry retailer lost 83 cents per share for its first quarter, smaller than the 86 cent loss that Wall Street was forecasting. Same-store sales were up 4.4 percent during the quarter.

Analog Devices – Analog Devices earned 62 cents per share for its fourth quarter, four cents above estimates. But revenue and the current quarter forecast for the maker of signal processing technology fell below forecasts.

TiVo – The maker of digital video recorders beat estimates by four cents with third quarter profit of 10 cents per share, with revenue beating consensus as well. The company benefited from an increase in subscriptions through set top boxes.

Morgan Stanley, Citigroup – The two companies are the subjects of Justice Department probes focusing on their foreign hiring practices, according to Reuters. They become the latest financial firm to be subject to such an investigation, joining JPMorgan Chase (JPM) and others.

Ashland – Ashland's water technologies unit is the focus of a joint bid from Danaher and Blackstone Group, according to Reuters. The business is also drawing interest from other private equity firms, including Apollo Global Management and Bain Capital.

McCormick - The spice maker raised its quarterly dividend by three cents to 37 cents per share. The company has increased its quarterly payout for 28 consecutive years.

Infoblox (BLOX) – Infoblox is forecasting current quarter results below analyst forecasts, following a surge in business that has helped the stock to nearly triple in the past year. The maker of networking equipment said it has had significant quarter to quarter revenue growth for five to six quarters and that it can take time to digest such large increases.

By CNBC's Peter Schacknow

Questions? Comments? Email us at