Check out which companies are making headlines before the bell:
Hewlett Packard Enterprise — The computer products maker reported adjusted quarterly profit of 49 cents per share, five cents a share above estimates. Revenue did come in below forecasts, although the company gave upbeat current-quarter earnings guidance. Separately, the company announced it would spin off its non-core software assets and merge them with Britain's Micro Focus International in an $8.8 billion transaction.
Liberty Media — The media company announced a deal to buy Formula One Racing for $4.4 billion from CVC Capital and its consortium partners. It had been reported earlier in the week that Liberty was in talks to buy a stake in Formula One.
Intel – Intel will spin off its cybersecurity unit that was formerly known as McAfee, and will sell a majority stake to private-equity firm TPG for $3.1 billion in cash. Intel had bought McAfee in 2011 for $7.7 billion.
Tractor Supply — Tractor Supply cut its full-year guidance for a second time, with the farm equipment supplier saying weakness in the agricultural and energy sectors is negatively impacting consumer spending in its target markets.
Pier 1 Imports — Pier 1 announced the departure of Chief Executive Officer Alex Smith as of December 31 after nearly 10 years at the helm. At the same time, the retailer reported a comparable-store sales drop of 4.3 percent for the second quarter and that it expected a larger-than-expected quarterly loss of five to six cents per share. Pier 1 is scheduled to report its results on September 15.
ASML Holding — Samsung is selling half its stake in the Dutch semiconductor equipment maker. Financial terms were not revealed. Samsung had held a 2.9 percent stake of 12.6 million shares as of August 16, according to a regulatory filing.
Chipotle Mexican Grill — Chipotle has suffered a drop in consumer opinion over the last few weeks, according to pollster YouGov BrandIndex. The decline comes amid renewed food safety concerns.
Apple — Ireland's parliament voted to back the government's decision to appeal the European Union's $14 billion back taxes assessment against Apple.
Sony — Sony unveiled two new versions of the PlayStation 4 video game console, one with higher resolution and better images, and another that is smaller, lighter, and more energy efficient than the current model.
Priceline.com — Priceline dumped its "name-your-own-price" feature for airline tickets as of September 1, although it continues to let customers bid on hotel rooms and rental cars.
Netsuite — The company's $9.3 billion deal to be acquired by Oracle will be opposed by major shareholder T. Rowe Price, citing conflicts of interest for Oracle CEO Larry Ellison. Ellison and related entities own nearly 40 percent of the cloud software maker's common shares.
Viacom — Viacom hired Morgan Stanley and LionTree to review its capital structure, according to Reuters. The report said Viacom is looking to bolster its finances as advertising sales decline.
Eli Lilly — JPMorgan Chase upgraded the drug maker to "overweight" from "neutral," saying new products are likely to drive earnings higher in 2017 and beyond.
Nike — Piper Jaffray downgraded the athletic apparel and footwear maker to "neutral" from "overweight," citing the resurgence of Adidas and its impact on Nike's business among other factors.
Lululemon – Jefferies cut its rating on the yoga wear maker's stock to "hold" from "buy," saying all the positive factors mentioned in a January upgrade have come to fruition with the stock up 30 percent year-to-date.