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Early Movers: BBY, YUM, GM, CRM, YHOO, WFC & more

Traders on the floor of the New York Stock Exchange.
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Traders on the floor of the New York Stock Exchange.

Check out which companies are making headlines before the bell:

Best Buy—The electronics retailer beat estimates by 7 cents with adjusted quarterly profit of 32 cents per share. Revenue was above estimates, and a same-store sales increase of 2.4 percent contrasted with the expected drop of 1.9 percent.

Michaels—The crafts retailer scored a 5 cent beat with third quarter profit of 31 cents per share, with revenue also above analyst forecasts. Michaels did see a drop in profit margins during the quarter.

KLA-Tencor—The chip maker declared a special dividend of $16.50 per share, following a leveraged recapitalization of the company.

Habit Restaurants—The burger chain priced its initial public offering at $18 per share, above the expected range, raising $90 million and valuing the company at about $454 million.

Yum Brands—Janney upgraded the restaurant operator to "buy" from "neutral," saying there's more upside than downside potential in the stock as its problems in China recede.

Athenahealth—RBC downgraded the stock to "underperform" from "sector perform," pointing to a currently saturated market for the cloud-based health care market solutions offered by the company.

Keurig Green Mountain—The maker of the Keurig coffee brewing system reported adjusted fourth quarter profit of 90 cents per share, beating estimates by 13 cents, with revenue also above estimates. Its current quarter forecast, however, is below Street forecasts. Keurig also increased its quarterly dividend 15 percent to 28-3/4 cents per share, and said Chief Financial Officer Frances Rathke would leave the company in 2015.

Williams-Sonoma—The company beat estimates by 5 cents with quarterly profit of 68 cents per share, while revenue also exceeded estimates. The household goods retailer saw its results helped by continued improvement in online sales.

Salesforce.com—Salesforce gave a revenue forecast for the current fourth quarter and for next year that falls short of analyst estimates, thanks to the impact of the strong dollar. The cloud software maker did beat estimates by 1 cent with adjusted third quarter profit of 14 cents per share, with revenue essentially in line.

Yahoo—The company struck a deal to replace Google as the default search engine in Mozilla's Firefox web browser. (Disclosure: CNBC has a content-sharing partnership with Yahoo's finance site.)

Apple—The company will bundle its Beats Music streaming service into its iOS operating system in 2015.

L Brands—The retailer reported quarterly profit of 44 cents per share, 5 cents above estimates, while its revenue also exceeded forecasts. The Victoria's Secret parent also raised its full-year earnings forecast, even though its current quarter forecast is short of analyst projections.

General Motors—The automaker was sued by the state of Arizona, which claims GM intentionally concealed safety defects to avoid recall costs. Arizona is said to be seeking $3 billion in damages.

Boeing—The company lost a 50-jet order to rival Airbus, which is selling about $14 billion in long-haul jets to Delta Air Lines. The order will be split between a revamped version of the A330, and the new A350-900.

Wells Fargo—Wells Fargo announced lowered interest rates and easier terms for certain holders of student debt.


By CNBC's Peter Schacknow

CORRECTION: This story was updated to show Best Buy reported a same-store sales increase of 2.4 percent.

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