Check out which companies are making headlines before the bell:
Microsoft—Microsoft announced Windows 10 will be released on July 29. The company had previously said the updated operating system would be released "this summer."
Apple—Apple has filed for a potential yen-based note offering in 2020, with minimum denominations of 100 million yen. The total size of the possible offering was not disclosed in the Securities and Exchange Commission filing.
Coca-Cola—BMO upgraded Coke to "outperform" from "market perform," saying earnings expectations are reasonable and the current valuation has created an attractive entry point.
Citigroup—Citi's stock was upgraded to "buy" from "hold" at Goldman Sachs, which said a number of concerns regarding the bank have lessened but the stock price has not responded in kind. Goldman sees an attractive risk/reward scenario at current levels.
Molycorp—The rare earths processor is expected to announce today that it will skip a $32.5 million loan payment, according to Dow Jones. That action that could eventually lead to a bankruptcy filing.
O'Reilly Automotive—O'Reilly said it would add an additional $500 million to its stock buyback program, bringing the auto parts retailer's total authorization to $5.5 billion.
Nvidia—The graphics card maker expects its annual cloud computing revenue to reach the $1 billion mark within two to three years. That projection came from CEO Jen-Hsun Huang, speaking to reporters ahead of a technology trade show in Taipei.
General Electric—GE has begun the sales process for part of its U.S. commercial lending assets, according to sources quoted by Reuters.
Harley-Davidson—Harley is delaying its planned battery-powered motorcycle. CEO Matt Levatich told Dow Jones that the new product is unlikely to be on the market for at least two to three years.
Dollar Tree—The discount retailer will sell 330 stores to private equity firm Sycamore partners, in order to smooth the way for regulatory approval of its planned acquisition of Family Dollar. Financial terms were not disclosed.
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