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Check out the companies making headlines before the bell:

Lululemon (LULU) – The apparel maker raised its earnings and revenue guidance for the fourth quarter, citing holiday season momentum. Lululemon now expects a profit of $2.22 to $2.25 per share for the quarter, compared to a previous range of $2.10-$2.13 and a consensus estimate of $2.15.

Anixter International (AXE) – The networking products maker agreed to a $100 per share cash-and-stock takeover by Wesco International (WCC), ending a back-and-forth bidding war between Wesco and private equity firm Clayton Dubilier & Rice. Clayton Dubilier first offered $82 per share for Anixter and raised its bid several times, but has now…



Source cnbc.com

Lululemon raises its quarterly forecast after upbeat holiday sales

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