2. Stock market movers -- Yum! Brands, Whole Foods, Adidas, Royal Dutch Shell: Shares in Yum! Brands(YUM) plunged by about 6% premarket. The company, which owns the KFC, Pizza Hut and Taco Bell brands, warned Thursday that global profits could suffer this year as sales in China tumble following revelations that one of its suppliers was using tainted and expired meat.
Whole Food(WFM) shares were declining by 5.5% ahead of the open after the company issued a disappointing outlook for earnings and sales.
Shares in Adidas(ADDDF) slumped by as much as 16% in Frankfurt after the sporting goods company warned that earnings may take a hit as it struggles with slumping golf sales and problems in Russia.
Shares in Royal Dutch Shell(RDSA) are surging by about 4% in London after the firm reported robust second quarter earnings.