Fly Intel: Pre-market Movers

HIGHER: Office Depot (ODP), up 2% after authorizing new $100M stock repurchase program. UP AFTER EARNINGS: Pure Storage (PSTG), up 4%... Campbell's Soup (CPB), up 4%... Analog Devices (ADI), up 1%... Urban Outfitters (URBN), up 1%. DOWN AFTER EARNINGS: Kohl's (KSS), down 11%... Best Buy (BBY), down 2%... Lowe's (LOW), down 7%... Target (TGT), down 11%... L Brands (LB), down 11%. ALSO LOWER: Micron (MU), down 7% after Baird analyst Tristan Gerra downgraded the stock two notches, to Underperform from Outperform, as he now models eight consecutive quarters of gross margin and EPS contraction given the continued deterioration in both DRAM and NAND memory pricing.