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Early movers: HLT, HOT, ACT, FOSL, CAT & more

Check out which companies are making headlines before the bell:

Hilton Worldwide – The hotel operator missed estimates by one cent with adjusted quarterly profit of 17 cents per share, though revenue was above estimates. Hilton's revenue per available room in properties open at least a year rose less than expected, and the company is also projecting current quarter earnings below Street estimates.

Starwood Hotels – Starwood will pay former CEO Frits Van Paasschen $7.2 million in severance, according to an SEC filing. He'll also get a $312,500 consulting fee for helping Starwood find his replacement.

Actavis – The drug maker earned $3.91 per share for its latest quarter, beating estimates of $3.67. Revenue was also above estimates and the company also raised its full-year forecast on upbeat sales growth for its top selling products. It's also planning to take the Allergan corporate name when it completes its acquisition of that company, pending shareholder approval.

Garmin – The maker of navigation devices earned an adjusted 77 cents per share for its latest quarter, one cent below estimates, though revenue beat consensus. Garmin did say currency issues will slow revenue growth this year, but it will continue to invest in research and development.

Angie's List – The review website operator earned 26 cents per share for its latest quarter, four cents above estimates, while revenue also beat Street forecasts. Membership growth did slow, but Angie's list did reach the three million member mark for the first time during the quarter.

Hyatt Hotels – The hotel operator beat estimates by nine cents with adjusted quarterly profit of 31 cents per share, despite revenue falling below estimates. Hyatt said it expects U.S. markets to be strong this year although it sees international markets remaining "challenged".

Norwegian Cruise Line Holdings – Norwegian reported adjusted quarterly profit of 40 cents per share, three cents above estimates, with revenue well above forecasts. The cruise line operator did give a tepid current quarter forecast, but its full-year guidance for 2015 is above current Street consensus.

Fossil – Fossil fell seven cents short of estimates with quarterly profit of $3.00 per share, with revenue also below consensus. The fashion accessories maker also warned that foreign currency issues and restructuring will impact its 2015 results.

Jack In The Box – Jack In The Box boosted its yearly outlook after the restaurant chain reported better than expected earnings for its latest quarter. The company's results were helped by strong sales at its Qdoba Mexican Grill chain.

Potbelly – Potbelly reported adjusted quarterly profit of six cents per share, doubling estimates, with revenue above forecasts as well. The sandwich chain also reported a much better than expected 3.7 percent increase in same-store sales.

HSBC – The bank's Zurich headquarters were searched by the Swiss prosecutor's office, which has also opened a criminal probe into suspected money laundering operations.

Sony – Sony plans to boost its operating profit 25-fold by 2018, according to chief executive Kazuo Hirai. He made those comments at a strategy briefing, and said the company would accomplish its goal by focusing on its videogame, entertainment, and image sensor businesses.

Caterpillar – Caterpillar is being investigated by authorities regarding the movement of cash among its U.S. and overseas subsidiaries. The heavy equipment maker disclosed the probe in an SEC filing.

Bank of America - CEO Brian Moynihan's pay was cut by seven percent to $13 million last year, consisting of $1.5 million in base salary plus $11.5 million in stock.

IBM – Warren Buffett's Berkshire Hathaway increased its stake in IBM during last year's fourth quarter, according to Berkshire's latest 13-F filing. Berkshire also disclosed a five percent stake in Deere and that it sold its entire stake in Exxon Mobil.

Boston Scientific – Boston Scientific will pay Johnson & Johnson $600 million to settle a long standing lawsuit over its 2005 acquisition of Guidant.

Bank of NY Mellon – The bank restated its fourth quarter results to add $598 million in legal costs, reducing its per-share profit to 18 cents from the previously reported 70 cents.

By CNBC's Peter Schacknow

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