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Stocks to Watch: October 18, 2016

Check out which companies are making headlines before the bell:

UnitedHealth Group — The health insurer earned an adjusted $2.17 per share for the third quarter, nine cents above estimates. Revenue also beat forecasts and the company raised its full-year outlook, thanks in part to falling claims costs.

Johnson & Johnson — J&J came in two cents above estimates with adjusted third quarter profit of $1.68 per share, with revenue beating forecast as well. The company raised its full-year forecast, thanks in part to increased drug sales.

BlackRock — BlackRock reported adjusted quarterly profit of $5.14 per share, 14 cents above estimates, with revenue essentially in line. The asset manager said it was able to thrive despite a shift by investors from equities to fixed income and cash assets, with $55 billion in long-term inflows.

Regions Financial — The regional bank came in three cents above estimates with quarterly profit of 24 cents per share, while revenue was also above forecasts. Regions did see a decline in business loans during an otherwise positive quarter.

Harley-Davidson — The motorcycle maker matched forecasts with quarterly profit of 64 cents per share, and also maintained its motorcycle shipment forecasts for the year.

Chipotle Mexican Grill — Chipotle was downgraded by Raymond James to "underperform" from " market perform," saying the restaurant chain's lost sales stemming from last year's E. coli scare may be permanent.

Under Armour — The athletic apparel maker has won its first professional sports uniform deal, according to ESPN. Under Armour will take over from Majestic Athletic as the uniform provider for Major League Baseball beginning with the 2020 season.

Netflix — Netflix doubled estimates with quarterly earnings of 12 cents per share, with revenue very slightly above forecasts. The video streaming service also gave an upbeat outlook for the current quarter, and reported extremely strong subscriber growth.

IBM — IBM reported adjusted quarterly profit of $3.29 per share, six cents above estimates, with revenue also above forecasts although it did fall for the 18th consecutive quarter. However, IBM did see its cloud computing and artificial intelligence units–among its newer offerings–post improvements.

United Continental — The company came in five cents ahead of estimates with adjusted quarterly profit of $3.11 per share, with revenue very slightly exceeding Street forecasts. The airline did say that lower airfares and higher wages will hurt its bottom line for the current quarter.

Visa — Chief Executive Officer Charles Scharf will step down on December first, to be replaced by former American Express President and current Visa director Alfred Kelly. Scharf told employees in a letter he could no longer spend the time in San Francisco, where Visa is headquartered, to do the job properly.

Dick's Sporting Goods — Dick's is preparing a bid for the U.S. units of bankrupt Golfsmith International, according to Reuters. A bid by Dick's would compete with an offer by Worldwide Golf Shops.

Alaska Air Group — The airline is in talks with the Justice Department to gain approval for its tentative deal to buy rival airline Virgin America, according to a Reuters report. Among the subjects reportedly being discussed is a discontinuation of some of Alaska Air's code-sharing agreements with some of the larger US carriers.

Orbital ATK — Orbital's unmanned Antares rocket successfully blasted off late Monday for a cargo trip to the International Space Station. That comes two years after one of the company's rockets exploded during liftoff.

Ford Motor — Ford is temporarily shutting down production of its popular F-150 pickup trucks at a Kansas City assembly plant, and plans to do the same at three other plants. The moves will idle about 13,000 Ford hourly workers for the duration of those shutdowns, as Ford deals with slowing sales.