Check out which companies are making headlines before the bell:
Deere & Co. — The heavy equipment maker earned 80 cents per share for its latest quarter, 10 cents above estimates, but revenue fell short as top line results were pressured by a strong dollar. Deere said its financial condition is strong, but it expects another "challenging" year ahead.
VF Corp. — The parent of North Face and other apparel brands earned an adjusted 95 cents per share for its latest quarter, missing estimates by 6 cents, and its revenue also fell below analyst forecasts. VF blames a softer consumer environment, warmer than expected weather, and a stronger U.S. dollar, but adds it considers these factors a relatively short term challenge.
Best Buy — Goldman Sachs downgraded the electronics retailer to "neutral" from "buy," saying a sluggish wireless market would negate ongoing strength in TV sales.
Starbucks — The coffee chain's shares were rated "buy" in new coverage at Nomura Securities, which said that the company's digital initiatives like mobile ordering would help keep same-store sales momentum going.
Baker Hughes, Halliburton, Schlumberger, Weatherford International — D.A. Davidson began coverage on these oilfield services stocks with "buy" ratings, saying diversified companies such as these as best prepared to weather the current low price cycle and come out stronger.
Nordstrom — The retailer missed estimates by five cents with adjusted quarterly profit of $1.17 per share. Revenue was also below forecasts, as is Nordstrom's full-year earnings and sales outlook. Nordstrom has been negatively impacted by heavy discounting and unseasonably warm weather.
Applied Materials — The company reported adjusted quarterly profit of 26 cents per share, 1 cent above estimates, with revenue slightly above forecasts. The semiconductor equipment manufacturer gave an upbeat forecast for the current quarter, helped by strong demand for equipment used to make OLED display monitors.
Boston Beer — Boston Beer came in 8 cents above Street forecasts with quarterly profit of $1.21 per share. The brewer of Sam Adams beer saw revenue miss estimates, however, as does its full-year earnings outlook. The company has cited increasing competition among negative factors hurting its sales.
Boeing — The jet maker's engineers have approved a six-year contract extension, replacing a 2013 agreement that would have expired in October.
Apple — Apple's court response to the Federal Bureau of Investigation's demand for encryption-breaking technology is now due February 26 instead of the original deadline today. Companies like Facebook, Twitter, and Walt Disney have sided with Apple in its resistance to the FBI's order.
Amazon.com — The online retailer has bought the North American rights to Woody Allen's next film, due for release this summer.
TrueCar — TrueCar lost 13 cents per share for its latest quarter, a wider loss than the 4 cents analysts were forecasting. The car-shopping website operator also saw revenue miss the mark, as did its 2016 outlook. A combination of fewer site visitors and higher costs is weighing on TrueCar's results.