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Actionable news in ADP: Automatic Data Processing, Inc.,

Early movers: ADP, WCG, F, NWL, VIAB, PBPB, LLY, GPRO & more

Check out which companies are making headlines before the bell:

ADP – Bill Ackman's Pershing Square said it was seeking effective control of the payroll services company through nominations for five board seats at the annual meeting, and is also calling for the replacement of CEO Carlos Rodriguez.

Cigna – The insurer reported adjusted second quarter profit of $2.91 per share, compared to the consensus estimate of $2.48 a share. Revenue also beat forecasts, and Cigna raised its full-year outlook as its membership rolls grow.

WellCare Health – The health insurer mirrored rival Cigna by beating forecasts and raising its full-year outlook. WellCare beat estimates by 28 cents with adjusted quarterly profit of $2.52 per share and saw revenue beat consensus, as well. WellCare's results were helped by higher enrollment in its Medicare and Medicaid offerings.

Ford – Nomura downgraded the automaker's stock to "neutral" from "buy," citing uncertainties surrounding earnings growth in both North America and Europe.

Newell Brands – The maker of Rubbermaid food containers and Sharpie pens matched estimates, with adjusted quarterly profit of 87 cents per share. Revenue exceeded estimates and the company raised its full-year forecast, saying it is performing well in a challenging environment where retailers are consolidating and reducing inventory.

Viacom — The media company reported adjusted quarterly profit of $1.17 per share, 12 cents a share above estimates. Revenue also topped forecasts. The beat comes despite a 2 percent drop in ad revenue.

Potbelly – The sandwich chain fell one cent a share short of estimates, with adjusted quarterly profit of 11 cents per share...


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