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Check out which companies are making headlines before the bell:

Procter & Gamble–The consumer products giant reported quarterly profit of $1 per share on an adjusted basis, 5 cents above estimates. Revenue was slightly below estimates, and the company said organic sales in the current fiscal year will be down slightly to up single digits.

Cigna–The insurance company reported adjusted quarterly profit of $2.55 per share, beating estimates of $2.31, though revenue was slightly below forecasts. Cigna's results were helped by customer growth in its commercial and government segments, as well as rate increases.

Stanley Black & Decker–The tool maker beat estimates by ten cents with adjusted quarterly profit of $1.54 per share, while revenue was also above Street projections. The company also raised its full year guidance as its profit margins expand.

Time Warner Cable–The cable operator earned an adjusted $1.54 per share for its latest quarter, missing the consensus estimate of $1.81, though revenue was essentially in line. Time Warner Cable had a net addition of 66,000 customers during the quarter, its first positive second quarter performance for that metric since 2008.

Starwood Hotels–The hotel operator beat estimates by ten cents, reporting adjusted quarterly profit of 84 cents per share. Revenue also beat forecasts, despite the impact of a stronger dollar, and Starwood said a revamping of its cost structure helped results in the face of macroeconomic headwinds.

Cardinal Health–The drug distributor reported adjusted quarterly profit of $1.00 per share, 1 cent above estimates, with revenue also beating forecasts. Cardinal also raised...