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Check out which companies are making headlines before the bell:

Apple — Apple is a stock to watch today, ahead of its product event this afternoon at which it's widely expected that the company will release the iPhone 7.

Sony — Sony also has a product event today, at which it's expected to introduce an improved version of its PlayStation video game console.

Western Digital — The hard disk drive maker raised its current quarter earnings forecast to $1.00 to $1.05 per share, compared to the current consensus estimate of 90 cents a share. The company said the recent acquisition of SanDisk expanded its customer base and contributed to a more favorable product mix.

Tegna — The former Gannett digital business announced plans to spin off its unit as a separate publicly traded company, and is also evaluating strategic alternatives for its CareeerBuilder business.

Southwest Airlines — The airline expects third quarter revenue per available seat mile to drop 3.5 percent to 4.5 percent, with about a half point of that drop resulting from July's computer system disruption.

HD Supply — The industrial distributor reported adjusted quarterly profit of 85 cents per share, missing...