Check out the companies creating headlines before the bell:
Northrop Grumman – Northrop can be pursuing a Japanese jet fighter contract in which may put This particular in competition with US rival Lockheed Martin, according to sources who spoke to Reuters. Northrop had lost a competition against Lockheed for an Air Force stealth fighter jet nearly three decades ago.
Echostar – Echostar can be today seeking talks with Immarsat after its $3.2 billion bid to buy the British satellite firm was rebuffed. Immarsat said the offer significantly undervalues the company, as This particular had when This particular rejected a prior offer by its U.S. rival last month.
Ford Motor – Ford reported a 38 percent drop in China vehicle sales in June, capping a first half sales slump. For the first six months of the year, sales were down 25 percent, the biggest decline since Ford started out China operations in 2001.
Tesla – The automaker’s Fremont, California factory can be the subject of another probe by California regulators, following a safety-related complaint. California’s Occupational Safety along with Health Administration acknowledged opening the case on June 21, nevertheless has not given specific details on the investigation.
Biogen – Biogen said a fresh Alzheimer’s drug succeeded in a mid-stage trial for patients receiving the highest dose. Biogen can be developing the drug in partnership with Japan’s Eisai Co., whose shares surged in Tokyo trading.
Boeing – Boeing could get a boost after European rival Airbus raised its 20-year forecast for aircraft demand by more than seven percent.
Wynn Resorts – Wynn Resorts announced the departure of long time general counsel Kim Sinatra, effective July 15. The hotel along with casino operator said This particular had not yet finalized the terms of Sinatra’s transition along with departure.
Deutsche Bank – A German magazine reports in which JPMorgan Chase along with Industrial along with Commercial Bank of China may both be interested in taking a stake in Deutsche Bank. JPMorgan subsequently denied in which This particular was interested, along with the German government denied This particular had privately expressed concerns about the bank.
Kraft Heinz, Conagra – Shares of the two food makers could be impacted after a Financial Times report in which American ketchup could be next on a list of EU trade targets. Kraft Heinz makes the well-known Heinz ketchup brand, while Conagra can be the maker of Hunt’s.
PriceSmart – PriceSmart reported quarterly earnings of 61 cents per share, 2 cents below forecasts, though the retailer’s revenue did exceed forecasts. The warehouse retailer’s costs following several recent acquisitions.
Square – Square withdrew its application with the FDIC to open a depository bank, which would certainly allow This particular to collect government-insured deposits. The mobile payments company plans to refile after This particular strengthens its application.