Check out which companies are making headlines before the bell:
JPMorgan Chase — The bank earned $1.32 per share for the fourth quarter, 7 cents above estimates, while revenue beat forecasts as well. JPM did see an oil-related surge in reserve increases, but its results were helped by solid results in areas like credit demand.
Fiat Chrysler — The shares are under pressure after Automotive News reported that two Chicago dealerships sued the automaker for allegedly inflating its US sales figures. Trading in the shares were suspended in Milan after falling 8 percent there.
Best Buy — The electronics retailer said holiday same-store sales fell 1.2 percent due to softer-than-expected mobile phone sales. However, the company also said other areas, like home theater and appliances, performed well.
Chipotle Mexican Grill — CLSA upgraded the stock to "buy" from "outperform," following the restaurant chain's presentation at an analyst conference. Management is said to be confident that November's widely publicized E. coli cases were the extent of the outbreak.
GoPro — The high definition camera maker's shares are under pressure after the company gave weaker-than-expected fourth quarter guidance and said it would cut 7 percent of its workforce.
Goldman Sachs — Goldman is planning to cut up to 10 percent of its fixed-income unit jobs this quarter, according to The Wall Street Journal. However, a source told CNBC this is "speculation" and pointed out that the firm annually cuts at least 5 percent of its low performers.
US Bancorp — Baird upgraded the bank's shares to "outperform" from "neutral," saying it is one of the highest quality banks and well positioned to withstand a low growth economic environment.
Extra Space Storage — The company will replace insurer Chubb in the S&P 500 after ACE's deal to acquire Chubb is completed Thursday. Extra Space Storage is a real estate investment trust that owns storage properties.
Pfizer — The drugmaker may sell the infusion pump business that it acquired when it bought Hospira for $15 billion in September, according to a Bloomberg report. The deal could fetch about $2 billion.
Boeing — Boeing reached a tentative six-year deal with its engineering union, coming well ahead of an October contract deadline for more than 20,000 workers.
Ambac — The bond insurer's largest shareholders want Chief Executive Officer Nader Tavakoli to step down, according to Reuters. The report said they are upset with delays by the bond insurer in paying claims.
WebMD — WebMD is reportedly exploring a sale of all or part of its business, according to the Financial Times. The online health-care information website operator is said to be in talks with Walgreens Boots Alliance and UnitedHealth Group about a potential sale.
Amazon.com — The online retail giant is losing about 8.3 percent of its revenue in state taxes, according to a study published in The Washington Post.
Spirit Airlines — JPMorgan Chase began coverage on the discount airline with an "overweight" rating, saying the shares could be poised for a rise despite a challenging environment. JPM points to valuation after the recent route in Spirit shares, as well as the positive influence stemming from the company's CEO transition.