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Early movers: HD, LC, INTC, HTZ, VIAB, SYT, P, ODP & more

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Check out which companies are making headlines before the bell:

Home Depot — The home improvement retailer reported adjusted first-quarter profit of $1.44 per share, 8 cents above estimates, with revenue also beating analyst forecasts. Home Depot also raised its full-year forecast for earnings and comparable store sales.

LendingClub — The online lender issued a letter to investors, saying an outside auditor has found no additional problems among its 673,000 outstanding loans, beyond the documentation issues identified in 361 loans last week that led to the departure of the company's CEO.

Intel — CLSA initiated coverage on the chipmaker's shares with an "underperform" rating, saying that declining growth in the semiconductor industry requires a different approach and more focus on individual companies.

Hertz Global — The car rental giant's Chief Executive Officer John Tague reported the purchase of 66,000 shares of Hertz stock. Those purchases were made on last Friday and yesterday, according to an SEC filing.

Viacom — Viacom founder Sumner Redstone has the power to remove CEO Philippe Dauman from the trust that controls his media holdings, according to Reuters, but he does not have the same ability regarding his daughter Shari Redstone.

Syngenta — The agricultural chemical company's takeover by ChemChina will reportedly be scrutinized by the U.S. Department of Agriculture. Reuters reports the USDA is joining the government panel reviewing the planned $43 billion deal in this country.

Pandora Media — Pandora is being urged to explore a sale by hedge fund Corvex Management, which has disclosed a 9.9-percent stake in the online music streaming company.

Office Depot — The office supplies retailer is mulling a possible sale of some of its European operations, after its takeover by larger rival Staples was called off last week.

Alphabet — The Google parent is accelerating a push into the ride-sharing business, unveiling a new app that enables commuters to carpool.

Clorox — Clorox increased its quarterly dividend by 4 percent to 80 cents per share. The household products company's payout will go to shareholders of record as of July 27 and will be paid on August 12.

Twitter — Twitter will stop counting photos and web links in its 140-character limit.

Alaska Air, Virgin America — The two companies have been asked by the Justice Department for more information about Alaska Air's $2.6-billion acquisition of its rival airline. The two companies say they are cooperating fully with regulators as they move to complete the deal.


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