Early movers: SYMC, YELP, MSFT, FDO, TSLA & more
Check out which companies are making headlines before the bell:
Symantec (SYMC)-The tech company announced it would split into two publicly traded companies , one focusing on security, the other on information management. Published reports earlier in the week had said Symantec would make such an announcement.
Yelp (YELP)-The review site operator is rated a "buy" in new coverage at Sterne Agee, which said it's bullish on the company's long term prospects versus its peers, despite the prospect of some short-term volatility.
Microchip Technology (MCHP)-The chip maker has lowered its second quarter sales forecast, and said its results suggest another semiconductor industry correction.
Fastenal (FAST)-The maker of industrial supplies matched estimates with per-share earnings of 45 cents per share, with revenue slightly exceeding estimates. The company is targeting a slight near-term increase in its gross margins.
Family Dollar (FDO)-The discount retailer reported fiscal fourth quarter profit of 73 cents per share, excluding certain items, missing estimates by four cents. Family Dollar is in the process of completing a deal to sell itself to Dollar Tree (DLTR), while trying to fend off a hostile bid from Dollar General (DG).
Medtronic (MDT)-The medical product maker said current chairman and CEO Omar Ishrak will remain in those jobs after Medtronic closes its deal to acquire Covidien (COV).
Juniper Networks (JNPR)-Juniper cut its profit and revenue guidance for its third quarter, with the telecommunications equipment maker citing slack demand from telecom service providers.
Civeo (CVEO)-The company is under pressure from David Einhorn's Greenlight Capital, which has disclosed a 9.99 percent stake and is pushing for the ouster of the company's chief executive officer. Civeo is a provider of housing for oil and natural resource workers.
Post Holdings (POST) -The consumer packaged products maker has named Rob Vitale as CEO effective November 1. He'll replace William Stiritz, who has been at the helm since Post separated from Ralcorp Holdings (:RAH) back in 2012, but Stiritz will remain with the company, serving as executive chairman.
Google (GOOGL)-The search giant will release its largest-ever smartphone this month, according to the Wall Street Journal. The new phone will have a 5.9 inch screen and be sold under the Nexus brand.
Tesla (TSLA)-Tesla has unveiled an all-wheel drive version of its flagship Model S sedan, which will also have new "autopilot" features.
Microsoft (MSFT)-CEO Satya Natella is under fire after suggesting that women in technology should have faith in the system, rather than asking for a raise. The comments came at a technology conference in Phoenix .
Dave & Buster's (PLAY)-The restaurant chain will begin trading today after pricing 5.9 million shares at $16 each in its initial public offering. The price was at the low end of its expected range.
Darden Restaurants (DRI)-The Olive Garden parent holds its annual meeting today, at which activist investor Starboard Value is seeking to unseat the entire board of directors.
-By CNBC's Peter Schacknow
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