Check out which companies are making headlines before the bell:
Tiffany—The luxury goods retailer reported adjusted third quarter profit of 76 cents per share, 1 cent short of estimates. Tiffany also registered a revenue shortfall, noting challenging conditions around the world despite good performance in the Americas market.
Hormel—The maker of Spam and Dinty Moore products fell 1 cent short of estimates with quarterly profit of 63 cents per share,although revenue was above estimates. Hormel also gave a 2015 forecast that falls short of forecasts, and notes that higher meat input costs have been hampering growth in its grocery segment. Separately, Hormel raised its quarterly dividend by 25 percent.
Campbell Soup—The soup maker scored a 2 cent beat over estimates with fiscal first quarter profit of 74 cents per share, with revenue also above estimates. The company said it has made progress both strengthening its core business and expanding into faster growing segments.
General Electric—RBC began coverage of GE with a rating of "outperform," saying the industrial giant is undergoing more change than at any time in its history and that the change will create additional value.
DSW—The discount shoe retailer reported third quarter profit of 56 cents per share, 4 cents above estimates, with revenue also above consensus. DSW saw a same-store sales increase of 2.6 percent, and also authorized an additional $50 million in share repurchases.
Pall Corp—The maker of filtration systems reported adjusted fiscal first quarter profit of 89 cents per share, 8 cents above estimates, with revenue easily beating analyst forecasts as well. The company calls the past quarter "exceptional" but warns the strengthening U.S.dollar will be a headwind going forward.
Pandora—FBR Capital Markets downgraded the online radio service to "sell," citing a meaningful risk of "debilitating cost structures."
Hanesbrands—UBS began coverage of the underwear maker with a "buy" rating, pointing to a low-cost supply chain that helps the company consolidate a fragmented industry
Gap—The company struck a deal with European online fashion retailer Zalando, which will sell Gap-branded clothing beginning next May.
Wal-Mart—Chief merchandising officer Duncan MacNaughton is expected to announce his departure from the retail giant, according to the Wall Street Journal.
Honda—The automaker admitted that it failed to report more than 1,700 claims of injuries and deaths to US regulators since 2003.
Sony—The company will cut its TV and smartphone product lineup to cut costs, focusing instead on its PlayStation 4 and image sensor businesses to drive growth.
Palo Alto Networks—The security software maker reported an adjusted quarterly profit of 15 cents per share, 3 cents above estimates. Palo Alto's revenue also beat forecasts on increased demand by companies for products to guard their data from hackers.
Nuance Communications—The voice recognition software maker beat estimates by 6 cents with adjusted quarterly profit of 33 cents per share, while revenue exceeded forecasts as well. Health care industry customers were among the biggest contributors to Nuance's results.
Workday—The software maker lost 3 cents per share for its latest quarter, smaller than the 10 cents expected by analysts, while Workday's revenue exceeded estimates. However, investors are concerned about indications of slower growth, weighing on the shares.
Casey's General Stores—The retailer will revise its financial statements dating back to 2012, and will also pay nearly $32 million in taxes to settle an accounting error. The error related to the calculation of an ethanol excise tax.
Brocade Communications—The provider of networking solutions reported quarterly profit of 24 cents per share, 1 cent above estimates, while revenue was also above forecasts. Brocade said year-over-year revenue was down due to divestiture and repositioning of various product lines.
Petrobras—The Brazilian oil firm received an SEC subpoena, though Petrobras did not say what documents the Commission was requesting. The company is reportedly the subject of a wide-ranging investigation involving alleged money-laundering and bribery.