Check out which companies are making headlines before the bell Wednesday:
Coach - The leather-goods maker fell after Bank of America downgraded its rating to "underperform" from "neutral."
Foot Locker - The shoe retailer gained after Buckingham Research Group rated it with a "buy."
General Mills - Shares of the cereal maker declined in early New York trading after a quarterly profit short of expectations.
Hanes Brands - The underwear maker rose after saying it would purchase France's DBApparel.
ImmunoGen -The biotechnology company dropped after Morgan Stanley rates its shares as "underweight."
Monsanto - Shares of the seed producer rose after profit, but it hiked its outlook for the year.
—By CNBC's Kate Gibson
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