Early movers: CPB, DPS, KKR, MDT, DSW, PANW, BA, JACK, AZN & more
Check out which companies are making headlines before the bell:
Campbell Soup — The company best known for soup earned an adjusted $1.00 per share for its latest quarter, five cents a share above estimates. Revenue was also above forecasts. The company said it is optimistic about 2017 given improving trends in the U.S. and other factors.
Dr Pepper Snapple — The beverage maker announced a deal to buy privately held Bai Brands for $1.7 billion, including a tax benefit of approximately $400 million. Bai is a maker of antioxidant-infused beverages.
KKR & Co. — The private-equity firm is buying Japanese auto parts maker Calsonic from Nissan Motors and its partners for $4.5 billion. Reuters reports that KKR beat out rival private-equity firms Bain and MBK in the bidding.
Medtronic — The medical equipment maker earned an adjusted $1.12 per share for its latest quarter, one cent a share above estimates. Revenue came in below forecasts. Medtronic also cut its full-year forecast, as customers delay purchases ahead of new products entering the marketplace.
DSW — The shoe retailer came in two cents a share above...