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Check out which companies are making headlines before the bell:

Lennar –The home builder reported second quarter profit of 61 cents per share, ten cents above estimates, with revenue also beating consensus. New orders increased by eight percent, while home deliveries rose by 12 percent over a year earlier.

McCormick & Co.–The spice maker earned 64 cents per share for its second quarter, two cents above estimates, though revenue was slightly below forecasts. McCormick is seeing stronger international results, but results in its Americas region have been weak.

Alcoa–The steel giant is buying jet engine component maker Firth Rixson for $2.85 billion in cash and stock. CEO Klaus Kleinfeld told CNBC the deal accelerates the company's transformation into a major supplier for the aerospace and auto industries.

Accenture–The consulting and outsourcing firm beat estimates by five cents with third quarter profit of $1.26 per share, with revenue also above estimates.

GoPro–GoPro priced its initial public offering at $24 per share, the high end of the expected range. Shares of the high-definition camera maker will trade on the Nasdaq.

Caesars Entertainment–CEO Gary Loveman told Reuters the casino company will likely strike a debt restructuring deal with its bondholders within a year, and should also be able to finance an expansion into the Japanese market.

Zulily–The online retailer was upgraded to "outperform" from "sector perform" by RBC Capital, which cites a recent 50 percent correction and upbeat comparable sales.

Facebook, Google, Twitter– The trio were rated "overweight" in new coverage at Barclays. The firm cited "impressive" execution at Facebook, Google's leadership position in search and advertising, and strong ad sales at Twitter.

Bed Bath & Beyond–Bed Bath & Beyond reported first quarter profit of 93 cents per share, one cent below estimates, and forecast current quarter profit below Street consensus. The home furnishings retailer said higher costs are hurting its bottom line despite increased revenue.

Big Lots—Big Lots initiated a quarterly dividend of 17 cents per share, payable in July. The retailer said the move is a reflection of confidence in its ability to drive long-term profit growth.

General Motors–GM told dealers to temporarily stop selling 2013 and 2014 Chevrolet Cruze sedans because of potential air bag problems. The largest U.S. automaker is the latest automaker to experience potential issues with airbags made by Japan's Takata Corp.

Barclays–Barclays issued a statement in response to securities fraud charges brought by New York Attorney General Eric Schneiderman. The bank said it takes the allegations very seriously, and that it's cooperating with both Schneiderman's office and the SEC. The accusations involve Barclays' use of "dark pools."

Philip Morris International–Philip Morris cut its 2014 earnings forecast for $4.87–$4.97 per share, down from the prior $5.09–$5.19. The tobacco producer cites significant currency headwinds as well as a weak macroeconomic environment in Europe, among other factors.

Monster Beverage–This stock is on watch after the Center For Science in the Public Interest asked the FDA to add safety warnings on energy drinks. The Center said 34 people have died in the past 10 years after drinking beverages made by Monster and other companies, although no link between consuming the beverages and those fatalities has been proven.

Elizabeth Arden–Elizabeth Arden has lost South Korea's LG Household as a potential suitor. That follows the cosmetics maker's announcement that it would implement a massive restructuring to try to reverse its losses.

By CNBC's Peter Schacknow

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