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Early Movers: MMM, AMZN, IHG, BA, KO, CZR & more

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

Check out which companies are making headlines before the bell:

3M—The company raised its quarterly dividend by 20 percent to $1.025 per share from the prior 86 cents.

Amazon.comThe online retailer has extended its free shipping deadline for on-time Christmas deliveries to Dec. 19. Amazon Prime members can order by Dec. 22.

InterContinental HotelsThe hotel operator bought Kimpton Hotels & Restaurants for $430 million. Kimpton specializes in boutique properties.

General MotorsRBC downgraded the automaker's stock to "sector perform" from "outperform," on a more cautious outlook for the industry over the next few years.

Talisman EnergyThe Canadian energy producer will be acquired by Spain's Repsol for $8.3 billion in cash.

GrubHubThe online food delivery service provider was upgraded to "buy" from "neutral" at Goldman Sachs, which notes increased market penetration for GrubHub as well an attractive valuation following a 15 percent decline since September.

FactSet ResearchThe financial data services provider matched estimates with quarterly profit of $1.32 per share, with revenue coming in above estimates. The company said it's maintaining double digit growth rates, and that growth is coming across all its product lines as well as all its regions.

Priceline GroupGoldman removed Priceline from its "conviction buy" list, based on expectations for a multi-year decline in the value of a euro. However, Goldman maintained its "buy" rating on the travel site operator.

BoeingThe jet maker added $2 billion to its share repurchase program, bringing it to $12 billion. It also raised its quarterly dividend by 25 percent to 91 cents per share.

WellCare Health Plans—The managed health care provider has named president and chief operating officer Kenneth Burdick as its new CEO, effective January 1. He'll replace David Gallitano, who has served as interim CEO since November 2013.

Coca-Cola—The company said it does not expect its 2015 earnings growth to be significantly different than this year's four to five percent, adjusted for currency fluctuations.

CrocsThe shoe maker appointed board member Gregg Ribatt as its new chief executive, effective in January.

VeriFone SystemsVeriFone reported adjusted quarterly profit of 44 cents per share, 3 cents above estimates, with revenue above consensus as well. But the electronic payment systems maker did give a current quarter forecast that falls below Street forecasts.

Caesar's EntertainmentCaesar's will skip $225 million in debt interest payments, which triggers a default on its total debt of $18.4 billion. The casino operator is in the midst of talks with debt holders about a restructuring.

Archer Daniels MidlandADM sold its cocoa business to Singapore based commodities company Olam International for $1.3 billion.

VodafoneThe mobile phone company will get $726 million in Canadian trade financing to assist it in buying services from Canada's BlackBerry.

General ElectricThe company holds its annual investor meeting today, with the focus expected to be on GE's expanding presence in oil and gas in the midst of a slump in worldwide energy prices.

FedEx—The delivery and logistics company will buy Pittsburgh-based logistics provider Genco for an undisclosed price. Genco has annual revenue of approximately $1.6 billion.


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