Check out which companies are making headlines before the bell on Monday:
Aetna (AET) – The insurer earned an adjusted $2.05 per share for its latest quarter, beating estimates of $1.82, though revenue was slightly below forecasts. Aetna also raised its forecast for the full year, on better than expected performance in its Medicare and Medicaid businesses.
Time Inc. (TIME) – The publisher reported adjusted quarterly profit of 27 cents per share, 12 cents above estimates, while revenue also beat forecasts despite weaker print ad sales and the negative impact of a stronger dollar.
Regeneron Pharmaceuticals (REGN) – The drug maker beat estimates by 12 cents with adjusted quarterly profit of $2.89 per share, while revenue was also well above Street forecasts. Regeneron raised its U.S. sales growth forecast for its macular degeneration drug Eyelea to 45 percent to 50 percent from the prior 30 percent to 35 percent.
Alibaba (BABA) – The Chinese online retailer named ex-Goldman Sachs executive Michael Evans as president. Evans will oversee Alibaba's international expansion strategy.
Archer Daniels Midland (ADM) – The grain processor missed estimates by six cents with adjusted profit of 60 cents per share, and revenue was well short of forecasts. Record levels of ethanol production is hurt ADM's profit margins, and margins were also an issue in other agricultural service businesses.
Coach (COH) – Coach beat estimates by two cents with adjusted quarterly profit of 31 cents per share, and revenue also came in ahead of forecasts. The beat came despite an eighth straight quarter of falling sales for the company's handbags and accessories.