Check out which companies are making headlines before the bell:
Harley-Davidson–RBC downgraded the motorcycle maker's stock to "market perform" from "outperform," due to what it sees as flat demand.
Tesla–Pacific Crest cut its rating on Tesla to "sector weight" from "overweight," saying it still considers the automaker's technology "disruptive" but that valuation is getting full.
World Wrestling Entertainment–Wells Fargo initiated coverage on WWE with an "outperform" rating, saying investors are underrating the potential upside for the company's WWE Network streaming service.
CarMax–The auto retailer's shares were upgraded to "buy" from "hold" at Goldman Sachs, saying the 11 percent drop since an April high has created an attractive entry point.
Microsoft-The New York Times reports the software giant will announce a new round of layoffs as early as today.
Potash–Potash is reportedly open to raising its $8.7 billion takeover bid for German fertilizer producer K+S, according to the Toronto Globe and Mail. K+S rejected its Canadian rival's offer last week.
Barclays–Barclays ousted Chief Executive Officer Antony Jenkins, in an effort to boost shareholder returns and quicken the pace of change the bank. Jenkins had been in the job three years after replacing Bob Diamond.
The Container Store–The company lost 11 cents per share for its latest quarter, a loss that was two cents smaller than analysts had anticipated. The retailer's revenue was below forecasts, as it revamped stores and was impacted by a stronger dollar. Container Store also experienced higher costs tied to the revamp as well as West Coast port delays.
JPMorgan Chase–JPMorgan will pay at least $125 million to settle federal and state probes into the bank's credit card debt practices, according to Reuters. The company also said it will create 1,000 jobs and retain more than 2,600 workers in New Jersey, and invest more than $76 million in the state.
Symantec–The security software maker is in talks to sell its Veritas data storage business to Carlyle Group, according to a Reuters report. Bloomberg News reports that the price would be between $7 billion and $8 billion.
EMC–The maker of data storage products has agreed to sell its Syncplicity business to investment firm Skyview Capital for an undisclosed price. Syncplicity is a competitor to data storage services like Box and Dropbox.
Time Inc.–Time bought digital sports businesses SportsSignup, LeagueAthletics.com, and iScore Sports, and will combine them into a new unit called Sports Illustrated Play.
CVS Health–CVS quit U.S. Chamber of Commerce, saying its view on smoking conflicts with that of the Chamber. The pharmacy chain operator stopped selling cigarettes and other tobacco products last year.
Procter & Gamble–The consumer products giant will change the packaging of some of its Olay skin care products, after settling a California lawsuit over the size of the packaging compared to the amount of product inside those packages.
Novartis–The drug maker got FDA approval for its Entresto heart failure drug, after a study showed that it significantly reduced the risk of death.
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