Market Insider

Early movers: CAM, EXPR, NKE, GRUB, GOOGL, TM, EMC, CHS, OSK & more

Traders work on the floor of the New York Stock Exchange.
Lucas Jackson | Reuters

Check out which companies are making headlines before the bell:

Cameron International—The provider of flow equipment products will be bought by oilfield services giant Schlumberger for $12.7 billion in cash and stock, or $66.36 per share. That represents a 56.3 percent premium over yesterday's closing price for Cameron.

Express—The clothing retailer beat estimates by 9 cents with quarterly profit of 25 cents per share. It also beat revenue estimates, raised its 2015 outlook, and posted a comparable store sales increase of 7 percent. That jump was above Street estimates of a 2.8 percent rise.

Nike—Susquehanna upgraded Nike shares to "positive" from "neutral," saying the recent pullback makes the shares more attractive given the firm's opinion that global growth is sustainable.

GrubHub—The online food delivery service saw its shares downgraded to "equal weight" from "overweight" at Barclays, with the firm citing its more cautious outlook in general for locally-based internet businesses.

Google—Goldman added Google to its "conviction buy" list, saying Google is in the early stages of a multi-year profit margin expansion.

EMC—According to a Re/Code report, the data storage products maker's board is actively considering an acquisition proposal from its VMWare unit.

Chico's FAS—The apparel seller earned 35 cents per share for its latest quarter, 3 cents above estimates, with revenue also above forecasts. Same-store sales rose 0.9 percent, compared to the Thomson Reuters consensus estimate of a 0.7 percent decline.

Oshkosh Corp.—The truck maker won a $6.75 billion military contract for 17,000 light tactical vehicles.

BP—BP said its Whiting, Indiana crude distillation unit has restarted after having to be shut down two weeks ago. Gasoline prices in that region had jumped following the shutdown for unscheduled repair work.

Dish Network—Dish subscribers in 36 states lost access to more than 100 local stations in a contract dispute with Sinclair Broadcast Group.

PayPal—PayPal is expanding its "One Touch" payment app to 13 new markets in Europe and Australia.—Amazon expanded its Prime Now service, which promises delivery in one or two hours, to include wine, beer, and other alcoholic products. Separately, the stock was upgraded to "buy" from "hold" at Evercore, which cited valuation.

Toyota—The automaker will restart its plants in Tianjin, China tomorrow, after shutting them down following the deadly chemical explosion August 12.

Accenture—The consulting firm is unveiling a new policy today that will allow new parents to travel less often. The new benefit will apply only to Accenture's North American offices.

Transocean—The oilfield services company said it planned to cancel its next two dividend payments, pending approval at a special shareholders meeting October 29. The oilfield services company will also take writedowns of more than $2.1 billion.

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