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Early Movers: LULU, RSH, SPLS, WAG, LC, EBAY & more

Check out which companies are making headlines before the bell:

Lululemon—The yoga wear maker reported quarterly profit of 42 cents per share, 4 cents above estimates, though revenue was slightly short of consensus. The company also saw comparable sales come in better than expected, thanks to a jump in online orders.

TravelersUBS downgraded the insurer's stock to "neutral" from "buy," saying its valuation looks full based on current fundamentals.

Dominion ResourcesCiti added the stock to its focus list, resuming coverage with a "buy" rating. Citi said the energy producer and transporter has a very bright cash flow outlook not yet fully appreciated by investors.

CienaThe maker of networking equipment posted an adjusted quarterly loss of 8 cents per share, compared to forecasts of a 12-cent per share profit. Revenue was above estimates, but Ciena's bottom line was hurt by a significant drop in profit margins.

RadioShackThe electronics retailer posted a bigger-than-expected quarterly loss, and saw revenue and same-store sales fall short of estimates as well. It unveiled new cost-reduction initiatives and said its retail business is showing signs of recovery.

StaplesActivist investor Starboard Value took a 5.1-percent stake in Staples, and also raised its stake in Office Depot to 9.9 percent. Analysts say Starboard could push for a combination of the two office supply retailers.

Wal-MartThe retailer said it discovered accounting discrepancies in its China operations, and that it has reinforced its compliance policies. That follows a Bloomberg report saying Wal-Mart's China accounting practices made its results in that country seem stronger than they were.

WalgreenCEO Greg Wasson will retire after the completion of the drugstore chain's deal to buy Alliance Boots. Alliance Boots executive chairman Stefano Pessina will become acting CEO as a search is conducted for a permanent replacement.

Restoration HardwareThe company beat estimates by 1 cent with adjusted quarterly profit of 49 cents per share, with revenue also above consensus. Following a surge in sales growth in the third quarter, the home goods retailer raised its earnings forecast for the full year.

Mattress FirmMattress Firm announced a secondary offering of 2.2 million shares, with the selling stockholders having an option to buy up to nearly 328,000 additional shares. The mattress retailer will not receive any of the proceeds of the offering.

Consol EnergyConsol will spin off parts of its coal operations into two separate companies. A master limited partnership will hold its thermal coal operations, and it will also spin off its metallurgical coal business.

LendingClubThe online lending marketplace priced its initial public offering at $15 per share, above the $12 to $14 expected range. The stock will begin trading today on the New York Stock Exchange.

EBay—The online marketplace is reportedly considering cutting thousands of jobs in early 2015, ahead of planned separation of its PayPal unit. The Wall Street Journal reports the cuts would likely come from eBay's core marketplace operations.

Johnson ControlsThe company cut CEO Alex Molinaroli's bonus by 20 percent after determining that he violated the auto parts maker's ethics policy. An SEC filing said Molinaroli failed to disclose an extramarital affair with a company consultant.

Wet SealThe apparel retailer said may file for bankruptcy protection if it can't raise sufficient funds. Wet Seal has been exploring various financing alternatives.

Fiat ChryslerThe automaker priced an 87 million-share secondary offering at $11, as the automaker raises funds for slashing debt and other purposes.

GoogleThe company will close its Google News service in Spain, ahead of a new law which will allow publishers to charge search engines for displaying their content.


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