Check out which companies are making headlines before the bell:
Honeywell– The industrial conglomerate said it expected adjusted 2018 earnings of between $7.55 and $7.80 per share, compared to the current consensus estimate of $7.79. It also narrowed current quarter earnings guidance toward the upper end of prior projections.
Finisar – The manufacturer of optical communications components was awarded $390 million by Apple from its Advanced Manufacturing Fund. The fund is designed to support innovation by American manufacturers.
Eli Lilly – The drug maker expects 2018 adjusted earnings of between $4.60 and $4.70 per share, compared to a consensus estimate of $4.64. Lilly also said it expects several key experimental treatments to make their way through the regulatory procedure in 2018.
Amgen – The biotech firm raised its quarterly dividend 15 percent to $1.32 per share.
Western Digital — The hard disk drive maker and Japan's Toshiba settled their long-running dispute over Toshiba's planned sale of its memory chip unit to Bain Capital for $18 billion. The two companies had been long time partners in the operation of Japanese chip plant.
Toyota – Toyota President Akio Toyoda said he wants electrified vehicles and hybrids to account for 50 percent of the automaker's sales by 2030. Toyoda made his statement at a news conference announcing an expansion of Toyota's battery partnership with Panasonic.
AT&T – AT&T is testing powerline-based high speed internet service in Georgia as well as a non-U.S. location. The Georgia test is taking place in a rural area, although the company said it could potentially be instituted in more populated area as well.
Verifone Systems – Verifone reported adjusted quarterly profit of 44 cents per share, beating estimates by a penny, while the payment systems company also saw revenue beat forecasts. However, the shares came under pressure after its outlook fell short of analyst estimates.
MongoDB — MongoDB lost 44 cents per share in its first quarterly earnings report following its October initial public offering. The database company's loss was 4 cents smaller than expected, while its revenue beat forecasts.
TiVo – TiVo was downgraded to "neutral" from "buy" at B. Riley/FBR, which doesn't think the DVR maker's issues with Comcast will be resolved quickly. The two sides are in a patent dispute involving technology contained in Comcast set-top boxes.
O'Reilly Auto – O'Reilly was upgraded to "outperform" from "sector perform" at RBC Capital, which cites valuation among other factors for the auto parts retailer.
Morgan Stanley – The investment firm was upgraded to "outperform" from "market perform" at KBW, which cites an improving regulatory environment as well as an attractive valuation.
Home Depot, Lowe's – The two stocks were both rated "buy" in new coverage at Guggenheim, which said both home improvement chains will benefit from a favorable housing industry backdrop and superior supply chains, among other factors.
Disclosure: Comcast is the parent company of NBCUniversal and CNBC.