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Actionable news in JNPR: JUNIPER NETWORKS INC,

Early movers: AA, AVP, SBUX, JNPR, ABBV, LB, UAL, KORS, BA & more

Check out which companies are making headlines before the bell:

Alcoa — The aluminum producer reported adjusted quarterly profit of 7 cents per share, 5 cents a share above estimates. However, revenue missed Street forecasts, and Alcoa said it would cut up to 2,000 jobs in the wake of continued weak aluminum prices.

Avon Products — Piper Jaffray cut its rating on the cosmetics seller to "neutral" from "overweight," saying the shares are now fairly valued following the rally that occurred after the company's January analyst day.

Starbucks — The coffee chain's stock was downgraded to "hold" from "buy" at Deutsche Bank, pointing to a "premium" valuation and "lofty" investor expectations.

Juniper Networks — Juniper said it expected to report first quarter profit of 35 cents to 37 cents per share, well below estimates of 45 cents a share. The maker of networking gear also said revenue would be below forecasts, due in part to weak corporate demand.

AbbVie — The drugmaker received accelerated Food and Drug Administration...