Market Insider

Early movers: PEP, TWX, RAD, AOL, TRI & more


Check out which companies are making headlines before the bell:

PepsiCo – Pepsi beat estimates by four cents with adjusted fourth quarter profit of $1.12 per share, with revenue also beating forecasts. The beverage and snack giant does say it expects a "challenging and volatile" macroeconomic environment this year.

Time Warner – Time Warner reported adjusted quarterly profit of 98 cents per share, beating estimates by five cents. Revenue was slightly short of consensus, mostly due to declines at the Warner Brothers movie studio. Time Warner also raised its quarterly dividend by 10 percent to 35 cents per share.

Generac – The maker of generators earned an adjusted 98 cents per share for its latest quarter, well above estimates of 77 cents, and revenue scored a solid beat as well. It also sees 2015 sales increasing in the low-to-mid single digits.

Rite Aid – The drug store chain is buying pharmacy benefits manager Envision Pharmaceutical for about $2 billion from investment firm TPG.

AOL – AOL reported adjusted earnings of 92 cents per share, 20 cents above estimates, but revenue was well below forecasts. The company said revenue was impacted significantly by foreign exchange issues.

Mosaic – The fertilizer producer beat estimates by 11 cents with quarterly profit of 97 cents per share, with revenue also above forecasts. The company said it saw strong demand for phosphates and potash products during the quarter.

Thomson Reuters – The company missed estimates by three cents with adjusted quarterly profit of 43 cents per share, with revenue also below estimates. However, the financial information provider did say it expects revenue to grow this year.

Zoetis – The animal health company earned an adjusted 40 cents per share for the fourth quarter, four cents above estimates, with revenue also beating Street consensus. It did lower its revenue outlook for 2015, reflecting the negative impact of foreign exchange rates.

Western Union - The money-transfer firm earned 42 cents per share for its latest quarter, eight cents above estimates. The company's results benefited from cost cuts, among other factors, and it also announced a $1.2 billion stock buyback program as well as a 24 percent dividend increase. Additionally, the company said it would cut prices on money transfers within the U.S.

Akamai Technologies – Akamai earned an adjusted 70 cents per share for its latest quarter, seven cents above estimates, with revenue also above consensus. Akamai saw increased demand for both its media delivery products as well as security software.

Pier 1 Imports – The retailer cut its guidance for 2015, pointing to higher than expected expenses. Separately, Pier 1 announced the retirement of chief financial officer Charles Turner.

Chico's FAS – Chico's is in talks to be acquired by private equity firm Sycamore Partners, according to the Wall Street Journal. The women's apparel retailer could be valued at more than $3 billion.

Achillion Pharmaceuticals – The drug maker will sell 10 million shares in a secondary stock offering.

Tesla Motors – CEO Elon Musk is threatening to fire some overseas executives, according to Reuters, because of weak sales in China.

Interxion Holding – Interxion is being bought by British data center operator Telecity Group for $2.2 billion in stock. Interxion is also an operator of data centers that employ cloud-based technology.

Arm Holdings – The chip maker posted fourth quarter profit that beat analyst forecasts, helped by an increase in royalty revenue from companies like Apple.

Cemex – The Mexico-based cement company could sell parts of its business to pay down debt, according to company CEO Fernando Gonzalez. He made those comments in an interview with Reuters.

By CNBC's Peter Schacknow

Questions? Comments? Email us at