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Actionable news in TSLA: Tesla Motors, Inc.,

Early movers: AA, ASNA, SEAS, LLY, WFC, TSLA, AAPL & more

Check out which companies are making headlines before the bell:

Alcoa — The company reported adjusted quarterly profit of 7 cents per share, missing estimates by 6 cents. Revenue was also below forecasts due to lower aluminum prices, although the company did lower its 2015 aluminum surplus outlook.

Ascena Retail — Private equity firm Golden Gate Capital has taken a 9 percent stake in the parent of retail chains Dress Barn, Lane Bryant, and Ann Taylor. Golden Gate said it is discussing ways of increasing shareholder value with Ascena's management.

SeaWorld Entertainment — The California Coastal Commission approved $100 million for an expansion of SeaWorld's killer whale tanks, but also banned the company from breeding those whales in captivity.

Eli Lilly — Credit Suisse upgraded the drug maker's stock to "outperform" from "neutral," citing Lilly's the diversity of Lilly's pipeline among other factors.

21st Century Fox — Pacific Crest began coverage on the media company with an "overweight" rating, pointing to benefits from sports programming as well as international growth prospects.

Wells Fargo — The bank's shares were upgraded to "overweight" from "neutral" at JPMorgan Chase, on more share buybacks, an attractive dividend yield, and benefits from diversified...