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"The passport contains numerous ingress and egress stamps, including stamps that reflect use of the passport to enter France, Spain, the United Kingdom, and Saudi Arabia in...Politicsread more
Check out which companies are making headlines before the bell:
Joy Global — The mining equipment maker lost 23 cents per share for its latest quarter, wider than the 12 cent loss that analysts were expecting. Revenue also came in below estimates, with the company saying its customers took unprecedented steps to conserve cash.
Costco — Costco reported quarterly profit of $1.24 per share, 4 cents below estimates, with revenue essentially in line. The warehouse retailer's comparable-store sales, however, did rise for the first time in four quarters.
Herbalife — The health products seller shares fell more than 10 percent in premarket trading after the company said it identified "errant" information regarding active new member information, and has now taken steps to correct it. Herbalife added that the errors do not impact its historical financial statements.
Intel — The chipmaker's stock was upgraded to "outperform" from "neutral" at RW Baird, citing the increasing positive influence of data center products on Intel's profits.
Walt Disney — Piper Jaffray upgraded Disney to "overweight" from "neutral," pointing to the value of Disney's upcoming films over the next five years.
L Brands — The Victoria's Secret parent reported a 5 percent increase in February same-store sales, compared to consensus estimates of a 4.5 percent rise.
Buffalo Wild Wings — Wedbush upgraded the restaurant chain's stock to "outperform" from "neutral," saying current same-restaurant growth estimates may prove conservative.
American Eagle — The company matched Street estimates with adjusted quarterly profit of 42 cents per share. Revenue also matched forecasts, but the teen apparel retailer's current quarter guidance is better than analysts were anticipating.
Pure Storage — Pure Storage lost 12 cents per share for its latest quarter, smaller than the 16 cent loss anticipated by analysts, while the storage company's revenue beat forecasts. Pure Storage's current quarter and full year revenue guidance is also above Street estimates.
BHP Billiton — BHP shares are rising following news that it and partner Vale have struck a deal with the Brazilian government over a deadly November dam disaster. Samarco, the mining company owned by BHP and Vale, will pay about $5.1 billion in damages over a 15 year period. Separately, that disaster is among the factors cited by Moody's this morning for downgrading BHP's credit rating by two notches to A1 from A3.
Target — The retailer is paring down its product offerings to add efficiencies to its inventory management. Chief Executive Officer Brian Cornell told investors the process will be done category by category in a "surgical" manner.
Monsanto — Monsanto cut its fiscal 2016 profit outlook, as it deals with a pressured farm economy. The seeds and chemical company did say there were signs of stabilization, and doesn't plan any further job cuts beyond prior plans to lay off 3,600 workers.
Tumi Holdings — Tumi is near a deal to be bought by Samsonite for an undisclosed amount, according to the Wall Street Journal. The paper notes that the luxury luggage maker has a market value of $1.4 billion and that a takeover could be worth to close to $2 billion.
SunEdison — The solar company may have trouble completing its deal to buy Vivint Solar, according to The Wall Street Journal, because of its financial troubles. Those woes are said to be prompting banks to balk at making loans that they had previously agreed to issue to help fund the deal.
LinkedIn — The business social network's Chief Executive Officer Jeff Weiner is giving up his annual equity package, valued at about $14 million, choosing to distribute the stock in question to employees.
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