×

Early movers: VRX, NWL, FNFG, CL, ABBV, CVS, ITT, BUD, MYL & more

Traders work on the floor of the New York Stock Exchange.
Getty Images
Traders work on the floor of the New York Stock Exchange.

Check out which companies are making headlines before the bell:

Valeant Pharmaceuticals — Valeant has terminated its relationship with specialty pharmacy Philidor, following controversy over that company's business practices. In response, Philidor announced plans to shut down as soon as possible.

Newell Rubbermaid — The household products maker beat estimates by 1 cent with adjusted quarterly profit of 62 cents per share, with revenue slightly below Street forecasts. The company said sales grew in all segments and regions during the quarter.

First Niagara — First Niagara is being bought by rival regional bank KeyCorp in a $4.1 billion cash and stock deal.

AbbVie — The drug maker beat estimates by 5 cents with adjusted quarterly profit of $1.13 per share, with revenue also beating forecasts. AbbVie also raised its quarterly dividend to 57 cents per share from 51 cents.

Colgate-Palmolive — The consumer products maker matched estimates with adjusted quarterly profit of 72 cents per share, but revenue came in below Street forecasts. Sales fell for the fifth straight quarter, and the company warned of continuing negative impact from the strong U.S. dollar.

CVS Health — The drug store chain and pharmacy benefit manager fell a penny short of estimates with adjusted quarterly profit of $1.28 per share, though revenue did beat analysts' projections. Revenue benefited from an increase in claims processing.

ITT Corp. — ITT came in 4 cents above estimates with adjusted quarterly profit of 63 cents per share, but the diversified manufacturer saw revenue come up short, in part because of negative currency effects. However, it did raise its full-year earnings forecast.

Anheuser-Busch InBev — Anheuser-Busch reported adjusted quarterly profit of $1.02 per share, 21 cents below estimates, while revenue was also slightly below forecasts. That comes as the beer brewer increases its spending on sales and marketing.

Mylan — The generic drug maker reported adjusted quarterly profit of $1.43 per share, 5 cents above estimates, though revenue was slightly short of forecasts. Mylan also said it would continue to strongly pursue its bid to buy drug maker Perrigo.

Starbucks — Starbucks reported adjusted quarterly profit of 43 cents per share, matching estimates, and its revenue was slightly above Street forecasts. Its comparable store sales were also above expectations, but investors are focusing on a holiday season forecast that they consider disappointing.

LinkedIn — LinkedIn earned an adjusted 78 cents per share for its latest quarter, well above estimates of 46 cents. Revenue was also well above analysts' forecasts, as the business social network increases its efforts to attract corporate customers.

Expedia — Expedia beat estimates by 7 cents with adjusted quarterly profit of $2.07 per share, while revenue was essentially in line with estimates. The largest online travel website also said its purchase of rival Orbitz will add more benefits to its bottom line than it had previously thought.

SolarCity — SolarCity posted an adjusted quarterly loss of $2.10 per share, wider than the $1.95 expected by analysts, though revenue was above forecasts. The solar power company said it would focus on cutting its costs and improving its cash flow, and is becoming more conservative with its growth forecasts.

First Solar — First Solar earned $3.38 per share for its latest quarter, well above the $1.55 consensus estimate, while revenue was above forecasts and the solar company raised its full year profit guidance. Its results were driven by a 43 percent increase in net sales.

Live Nation — Live Nation came in a penny above estimates with quarterly profit of 44 cents per share, while revenue also beat forecasts. The entertainment producer also said concert ticket sales have risen 8 percent this year, with attendance up 10 percent and sponsorship and ad revenue up 16 percent.

Deckers Outdoor — Deckers reported quarterly profit of $1.11 per share for its latest quarter, five cents above estimates, with the maker of UGGS boots and other footwear also beating on the top line. Deckers also gave an upbeat full-year forecast.

Electronic Arts — Electronic Arts beat estimates by 20 cents with adjusted quarterly profit of 65 cents per share, with revenue also beating forecasts. The video game maker also raised its full year forecast, on anticipated strong sales for new "Star Wars" and "Need For Speed" games.

LendingClub — LendingClub earned an adjusted 4 cents per share for its latest quarter, doubling Street estimates, and the lender also beat on the top line and gave upbeat full year revenue guidance. It was the company's first quarterly profit since going public at the end of 2014.

Weyerhaeuser — Weyerhaeuser reported adjusted quarterly profit of 35 cents per share, 7 cents above estimates, with the forest products producer also beating the Street's revenue forecasts.

Alphabet — Alphabet's Google unit is planning to fold the Chrome operating system into the Android mobile operating system, according to The Wall Street Journal, with plans to complete that integration sometime in 2017.

AIG — AIG's directors are discussing a spinoff or sale of the company's small mortgage-insurance business, according to The Wall Street Journal.


Questions? Comments? Email us at marketinsider@cnbc.com