Cisco Systems Inc. (NASDAQ:CSCO) fell 8.04 percent in premarket after the company guided fourth quarter results below Street's view. Cisco expects adjusted earnings of $0.44 to $0.46 per share and sales growth of 2 percent to 5 percent, while Street predicts profit of $0.49 per share on revenue growth of 7.10 percent.

Kohl's Corp. (NYSE:KSS) decreased 2.38 percent in premarket after the company guided second quarter results below Street's view. Kohl's expects EPS of $0.96 to $1.02 and sales growth of 2 percent to 3 percent, while Street predicts EPS of $1.13 on revenue growth of 3 percent. For the full year ending January 2013, the company still sees EPS of $4.75, versus market expectations of $4.74.

Kohl's earnings for the first quarter fell to $0.63 per share from $0.69 per share, while analysts' expected 61 cents per share. Net sales grew 1.9 percent to $4.2 billion, in line with consensus estimates. Comparable store sales edged 0.2 percent higher.

Priceline.com Inc. (NASDAQ:PCLN) declined 1.94 percent in premarket after the company guided second quarter revenue below Street's view. The company expects adjusted earnings of $7.20 to $7.40 per share and revenue growth of about 18 percent to 23 percent, while Street predicts profit of $7.38 per share on revenue growth of 26.40 percent.

Global Markets:

The European markets traded higher due to the decision of the European Financial Stability Facility board release 5.2 billion euros in emergency assistance to Greece. Germany's DAX rose 0.79 percent to trade at 6,526.30. France's CAC40 edged 0.39 percent higher to 3,130.70. Britain's FTSE 100 edged 0.11 percent higher to 5,536.35.

Asian markets ended on a mixed note. The Shanghai Composite Index edged 0.07 percent higher to end at $2,410.23. Hong Kong's Hang Seng declined 0.51 percent to close at 20,227.28. Japan's Nikkei 225 fell 0.39 percent to close at 9,009.65. India's BSE Sensex finished at 16,420.05, down 0.36 percent.

Market Scan:

Ahead of the opening bell, crude oil edged 0.76 percent lower to $97.55 per barrel. Gold rose 0.35 percent to $1,595.10 per ounce.
          
In the currency market, the euro rose 0.17 percent against the U.S. dollar at 1.2952 and the British pound edged 0.25 percent higher against the greenback to 1.6168. The dollar edged 0.31 percent higher against the Japanese yen to 79.8900.