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Early movers: BAC, HAS, CALM, MRK, GRPN, COH, XOM, AAPL, GOOGL & more

Bank of America — The bank reported quarterly profit of 36 cents per share, three cents a share above estimates. Revenue also beat forecasts. Profit did fall from a year ago as low interest rates continued to impact the bottom line.

Hasbro — The toy maker earned 41 cents per share for its latest quarter, two cents a share above estimates. Revenue beat estimates, as well. Hasbro's results were driven by strong sales of Disney Princess and "Frozen" related dolls as well as "Star Wars" action figures.

Cal-Maine Foods — The nation's largest egg producer lost one cent per share for its latest quarter, a much narrower loss than the 19 cents a share analysts were forecasting. Revenue was slightly below estimates, but the company said it was pleased with its results considering the industry is still dealing with the aftermath of 2015's avian flu outbreak.

Merck — Merck was downgraded to "market perform" from "outperform" at BMO Capital, which said the risk/reward profile...