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Early movers: ACN, KO, RL, BHP, CSCO, WMT, BA, BIDU & more

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

Check out which companies are making headlines before the bell:

Accenture—The consulting firm reported quarterly profit of $1.15 per share, beating estimates by 3 cents, with revenue also above forecasts despite the negative impact of a strong dollar. The company also raised its dividend 8 percent and added $5 billion to its stock buyback program.

Coca-Cola—The beverage giant announced a new "National Product Supply System" in the United States, designed to streamline the supply process for its bottlers.

Ford, General Motors, Fiat Chrysler—Auto stocks in general are under pressure as Volkswagen deals with its emissions scandal, and as BMW denies a report in the German magazine Auto Bild that its emissions were much higher than allowed in Europe.

Ralph Lauren—Citi upgraded the apparel maker to "buy" from "neutral," saying the stock is trading near the bottom of its valuation range and that new initiatives could drove topline growth.

BHP Billiton—Asset manager BlackRock cut its stake in the mining company by a substantial amount. Previously, BlackRock had held a roughly 5 percent stake.

Cisco Systems—Cisco announced the formation of a joint venture with China-based server maker Inspur to sell cloud computing and networking products in China.

Wal-Mart Stores—Wal-Mart wants price cuts from suppliers that make goods in China, according to a Reuters report. The retailer wants to share in the benefits generated from China's devaluation of the yuan.

Boeing—The jet maker struck a deal to sell 300 jets to China, as well as open a plant in that country that would work on part of the production process for its 737 jet.

Baidu—Baidu has signed a pact with Microsoft which will make Baidu the default home page and search engine for China-based users of the new Microsoft Edge browser.

IBM—IBM announced an expansion of its "Watson" computing platform, giving developers more tools to create applications and services.


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