Stocks in focus in pre-market trade Tuesday:
· PepsiCo (NASDAQ:PEP) stock fell 0.75% as of 8:21 AM ET (12:21 GMT) after the company reported quarterly revenue above expectations but missed sales estimates for North American beverages, as well as for its Frito-Lay branded snacks, and guidance looked light.
· Amazon.com (NASDAQ:AMZN) stock decreased 0.23% after the company announced it was raising the minimum wage for U.S. workers to $15 an hour.
· Kroger (NYSE:KR) stock rose 1.74% after the company announced it was testing food and grocery pickup at Walgreens (NASDAQ:WBA).
· General Electric (NYSE:GE) stock gained 2.23% and shares are likely to be active after the company fired CEO John Flannery.
· Google (NASDAQ:GOOGL) stock edged down 0.37%, after the company announced Sridhar Ramaswamy, head of Google's online advertising business, is stepping down.
· United Technologies (NYSE:UTX) stock was flat after the company received approval from the Justice Department to buy Rockwell Collins (NYSE:COL).
