The following post rounds up the companies making headlines today:
Texas Instruments (TXN) is one of the bright spots this morning with shares climbing over 6 percent in pre-market trade after the chipmaker late Monday, when its reported quarterly results, increased its second-quarter revenue and earnings per share forecast.
Nokia (NOK) and other tech stocks related to to TI's business got a lift from the chipamker's improved outlook. NOK shared climbed about 3.5 percent in pre-market trade.
Men's Warehouse (MW) shares jumped about 11 percent ahead of the bell after the clothing retailer reported that first-quarter profit fell 47 percent as fewer customers came in to shop, but cost-cutting measures helped results top Wall Street expectations and the company forecast a strong second-quarter performance.