Check out which companies are making headlines before the bell:
Home Depot —The home improvement retailer earned an adjusted $1.36 per share for the third quarter, 4 cents above estimates, with revenue essentially in line. Same-store sales increased more than expected both globally and in the U.S., and Home Depot's earnings outlook for the full year is also above analyst forecasts.
Wal-Mart Stores — The retail giant reported quarterly profit of 99 cents per share for the third quarter, 1 cent above estimates, with revenue essentially in line. Wal-Mart's comparable store sales increase of 1.4 percent also matched estimates, and its full-year forecast is largely above Street consensus.
Dick's Sporting Goods — The sporting goods retailer earned an adjusted 45 cents per share for the third quarter, 1 cent below estimates, though revenue was very slightly above forecasts, although its comparable store sales increase of 0.4 percent was below estimates of 2.1 percent.
General Electric — GE announced the final results of its exchange offer for shares of Synchrony Financial, saying it was 3.2 times oversubscribed. The exchange completes the exit of GE from the consumer finance company.
Urban Outfitters — Urban Outfitters reported weaker than expected same store sales for its latest quarter. The apparel retailer's earnings did match estimates at 42 cents per share, but its revenue was well below forecasts. The stock had fallen 10 percent in Monday's regular session following the announcement that it would be buying the Vetri Family restaurant group.
Johnson & Johnson — J&J and Danish partner Genmab received FDA approval for an experimental blood cancer drug. The treatment — known as Darzalex — was developed by Genmab and licensed to Johnson & Johnson three years ago.
Ericsson — Ericsson raised its outlook for mobile data traffic growth, with the Swedish company now predicting a tenfold rise by 2021. In June, it had forecast an eightfold increase.
PayPal — Investor Carl Icahn opted for shares of PayPal over shares of eBay after the online auction company spun off the payment unit. The information comes from Icahn's quarterly SEC 13F filing. Icahn, who had urged eBay to spin off PayPal after taking a stake last year, held 3.8 percent of PayPal as of September 30.
Herbalife — Soros Fund Management exited its investment in Herbalife, according to the latest U.S. Securities and Exchange Commission filing from Soros. The fund liquidated its nearly two million share position during the third quarter.
Enbridge — Enbridge cut 5 percent of its workforce, covering both the U.S. and Canada, as the largest Canadian pipeline company continues to endure the effects of lower oil prices.
Pandora Media — Pandora is buying assets from online music service Rdio, which plans to shut down the service and seek Chapter 11 bankruptcy protection. Pandora will acquire technology and intellectual property from Rdio for $75 million in cash.
Nuance Communications — Nuance reported adjusted quarterly profit of 41 cents per share, 6 cents above estimates, while the data software company also saw revenue beat forecasts. Chief Financial Officer Dan Tempesta said the company exceeded its own expectations in its key metrics like cash flow and margins.