A sign is posted in front of Oracle headquarters on December 09, 2021 in Redwood Shores, California.<\/p>\n
Justin Sullivan | Getty Images<\/p>\n<\/div>\n<\/div>\n<\/div>\n
Check out the companies making headlines before the bell:<\/em><\/p>\n Oracle<\/a><\/span><\/span><\/span> \u2014\u00a0Shares jumped more than 5% after Oracle announced a beat on top and bottom lines<\/a> for the fiscal fourth quarter. Meanwhile, CEO Safra Catz said she expects adjusted earnings in the fiscal first-quarter of $1.12 to $1.16 per share. Analysts polled by Refinitiv had expected $1.14 in adjusted earnings.<\/p>\n Urban Outfitters<\/a><\/span><\/span><\/span> \u2014 Shares rose 3.4% following an upgrade to overweight from equal weight by Morgan Stanley<\/a>. The firm said the retailer has a de-risked 2023 forecast and low valuation.<\/p>\n Apple<\/a><\/span><\/span><\/span> \u2014 Apple declined 0.7% in the premarket after UBS downgraded the stock to neutral<\/a> from buy late Monday. The Wall Street firm said it sees continued pressure for iPhone demand even with support from emerging markets.<\/p>\n First Horizon<\/a><\/span><\/span><\/span> \u2014 Shares fell 1.2% after JPMorgan moved to a neutral rating on First Horizon<\/a>. It previously had an overweight rating. The firm said the near-term outlook looks uncertain amid rising expenses.<\/p>\n Zions Bancorp<\/a><\/span><\/span><\/span> \u2014 Shares dipped 1.6% after the regional bank said its net interest income outlook was “decreasing.” The bank’s previous guidance described the outlook as “moderately decreasing,” according to StreetAccount. The update came in a presentation published Monday afternoon.<\/p>\n Bunge<\/a><\/span><\/span><\/span> \u2014 The agriculture company said<\/a> it would combine with Rotterdam, Netherlands-based Viterra in a stock and cash deal. The agreement values Bunge at more than $8 billion. As part of the deal, $9.8 billion of Viterra’s debt. Bunge shares fell 1.9% in premarket trading.<\/p>\n