Check out which companies are making headlines before the bell:
J.C. Penney—The retailer lost 41 cents per share for the second quarter, but that was smaller than the 48 cents Wall Street was expecting. Revenue also beat forecasts, as did a 4.1 percent increase in comparable store sales.
DuPont—JPMorgan Chase upgraded the chemical producer's stock to "overweight" from "neutral," saying that despite a preponderance of negative factors, the shares appear to be undervalued based on valuations for other high quality agricultural companies.
Tesla—The automaker's secondary offering of 2.7 million common shares was priced at $242 per share, according to a Securities and Exchange Commission filing. That represents an increase from the 2.1 million shares Tesla had previously announced for the offering, pushing the amount raised to about $643 million.
Kinder Morgan—The energy infrastructure company's stock was added to the "conviction buy" list at Goldman Sachs, based on a six percent dividend yield and a diverse portfolio of energy assets, among other factors.
Time Warner Cable—Jana Partners has taken a new stake in Time Warner Cable, according to its quarterly filing. It's also taken a new stake in Allergan and increased its stakes in Qualcomm and Hertz Global.
Shake Shack—Options on shares of the restaurant chain's stock will begin trading today for the first time since it went public earlier this year.
Nordstrom—The retailer reported quarterly profit of 93 cents per share, 3 cents above estimates. Revenue was slightly ahead of forecasts, and Nordstrom also increased its sales forecast for the year.
El Pollo Loco—The company reported adjusted quarterly profit of 19 cents per share, a penny above estimates, though the restaurant chain's revenue was shy of analyst projections. However, the company said it is confident about the rest of 2015 thanks to an expanded menu.
King Digital—The online game maker beat estimates by 6 cents with adjusted quarterly profit of 49 cents per share, with revenue also above Street estimates. One metric that did fall short for the maker of the Candy Crush online game was the number of monthly active users, and the company also said gross bookings would fall further as new game launches are delayed.
Applied Materials—The semiconductor equipment maker matched estimates with adjusted quarterly profit of 33 cents per share, with revenue slightly short. The company also gave weaker than expected guidance for the current quarter.
Blue Buffalo—Blue Buffalo reported adjusted quarterly profit of 13 cents per share and revenue of $254 million in its first report since the pet food maker went public less than a month ago.
Apple—Apple will delay the launch of its live TV service to at least 2016, according to a Bloomberg report.
Electronic Arts, Activision Blizzard—These and other video game makers will be on watch after NPD reported that video game hardware and software sales rose five percent in July compared to a year ago.
General Motors—GM is boosting production of its larger SUVs and trucks, according to a Reuters report. The automaker could make as many as 60,000 additional vehicles for the 2016 model year to capitalize on rising demand.
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