Benzinga's Top Pre-Market Losers

International Paper Company (NYSE: IP) dipped 3.86% to $29.67 in the pre-market session. IP's trailing-twelve-month profit margin is 4.46%.

Chesapeake Energy Corporation (NYSE: CHK) lost 2.38% to $33.57 in the pre-market session. CHK's trailing-twelve-month ROE is 6.42%.

Safeway Inc (NYSE: SWY) moved down 2.05% to $20.50 in the pre-market session. United Natural Foods Inc (NASDAQ: UNFI) signed a 3-year distribution agreement with Safeway.

Visa Inc (NYSE: V) fell 1.89% to $87.83 in the pre-market trading. Visa is scheduled to report its quarterly results on July 27.