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Check out which companies are making headlines before the bell Monday:

Lowe's - The home improvement company posted earnings and revenue that topped Wall Street expectations, as sales benefited from rebuilding after super storm Sandy. However, the company's outlook disappointed analysts.

Herbalife - The nutrition and skin care company said it is recalling some of its Nutritional Shake Mix because the product may contain "trace amounts" of milk proteins, even though label claims to be dairy free.

(Read More: Is Market Bouncing or Turning Higher?)

Hertz - The car rental company posted a quarterly loss, hurt by to costs related to its acquisition of rival Dollar Thrifty, but adjusted earnings topped expectations. In addition, the company expects to see strong results for 2013 on higher pricing.

Barnes & Noble - The bookstore chain's Chairman Leonard Riggio said he plans to purchase the retail assets of the company, according to a filing.

Apple - Needham lowered its price target price on the iPhone maker to $710 from $750, but maintained its "buy" recommendation.

(Read More: Apple Wobbles as Mobile World's Walls Come Down)

Johnson & Johnson - The drugmaker announced it expects to incur a charge of nearly $100 million in the first quarter, or approximately 4 cents a share, from the currency devaluation in Venezuela. However, the company said it does not expect its full-year earnings guidance to be impacted.

Knight Capital Group - The financial services firm struck a deal to sell its credit-brokerage unit to Stifel Financial, according to a Reuters report. The financial terms of the deal were not immediately announced.

St. Jude Medical - The medical device company raised its quarterly dividend by 9 percent to 25 cents a share from 23 cents a share.

H.J. Heinz - Citigroup cut its rating on the ketchup maker to "neutral" from "buy."

—By CNBC's JeeYeon Park (Follow JeeYeon on Twitter: @JeeYeonParkCNBC)

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