×

Early movers: KSS, GE, CMG, JACK, JBLU, CA, CAT, TIF & 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:

Kohl's — Kohl's reported adjusted quarterly profit of 31 cents per share, 6 cents below estimates, with revenue also missing the mark. Kohl's said quarterly sales were challenging and that it took significant discounts to clear out excess inventory.

General Electric — JPMorgan Chase resumed coverage of GE with an "underweight" rating, saying positives from the company's portfolio transformation and its technology potential are more than reflected in its current stock price.

Chipotle Mexican Grill — The restaurant chain added $100 million to its previously announced $1.9 billion stock buyback program.

Jack In The Box — Jack In The Box reported quarterly earnings of 85 cents per share, beating estimates by 5 cents. Revenue was slightly above Street expectations, with sales boosted by a nearly 10-percent revenue jump at the company's Qdoba chain.

JetBlue — The airline reported an April load factor of 84.1 percent, down 1.6 percentage points from a year earlier. Passenger traffic did jump by 8.5 percent, but capacity was higher by 10.8 percent.

CA Technologies — The company formerly known as Computer Associates beat estimates by 3 cents with adjusted quarterly profit of 60 cents per share, with revenue also above estimates. The software company also gave a better than expected forecast for the full year, as it expands cloud-based and mobile applications.

Caterpillar — Caterpillar CEO Doug Oberhelman said the heavy equipment maker is poised to move quickly into the Cuban market once a U.S. trade embargo is lifted. His comments followed a meeting with Cuban officials in Havana.

Tiffany — The luxury goods retailer left the International AntiCounterfeiting Coalition, without citing a reason. That follows departures from the group by Gucci and Michael Kors, with Kors having specifically pointed to the admission of Alibaba to the group as its reason for leaving.

Las Vegas Sands — Las Vegas Sands settled charges with the state of Nevada by paying a fine of $2 million without admitting or denying guilt. The casino operator had been accused of violating state gambling laws, following federal charges involving anti-money laundering measures.

Apple — Apple is denying reports that it plans to stop offering music downloads on its iTunes service.

AstraZeneca — The company's cancer drug selumetinib has been granted "orphan drug" status by the Food and Drug Administration. The drug is designed to treat certain forms of thyroid cancer.

Monsanto — Monsanto is getting a boost this morning on reports that Germany's BASF is working with investment banks on a potential takeover bid for the maker of agricultural chemicals.


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