The companies whose shares are moving in pre-market trade on Thursday are: Williams Companies, Cliffs Natural Resources, J.M. Smucker, El Paso, Nordstrom, Skechers, Netapp, Nvidia and Apple.
Williams Companies Inc. (NYSE:WMB) shares surged 12.64 percent to $31.27 in pre-market trading session. Its fourth quarter net income rose to $0.44 per share from $0.27 per share in the same quarter a year-ago. The company also announced late Tuesday that the Board of Directors has approved pursuing a plan to separate the Company's businesses into two stand-alone, publicly traded corporations.
Cliffs Natural Resources Inc. (NYSE:CLF) shares surged 10.90 percent to $103.0 in pre-market trading session. The company reported fourth quarter net income of $2.25 per share against analysts’ estimation of $2.22 per share. It also raised its 2011 North American iron-ore sales forecast to about 28 million tons.
J.M. Smucker Co. (NYSE:SJM) shares advanced 5.8 percent to $67.66 in pre-market trading session. The company reported third quarter net income of $132 million or $1.11 per share compared to $135.5 million or $1.14 per share in the same period a year-ago.
El Paso Corp. (NYSE:EP) shares gained 3.81 percent to $17.99 in pre-market trading session. The stock has a 52 week low of $9.91and 52 week high of $17.37 and has $12.20 billion market capitalization.
Nordstrom Inc. (NYSE:JWN) shares advanced 2.78 percent to $48.00 in pre-market trading session. The company is expected to report fourth quarter earnings of $1.00 per share compared to $0.77 per share last year.
Skechers USA., Inc. (NYSE:SKX) shares plunged 7.93 percent to $20.32 in pre-market trading session. The company reported fourth quarter net income of $3.24 million or $0.07 per share from $27.95 million or $0.58 per share in the same quarter a year-ago.
Netapp Inc. (NASDAQ:NTAP) shares plunged 7.41 percent to $54.20 in pre-market trading session as its fourth quarter earnings guidance fell short of analysts’ expectations.
Nvidia Corp. (NASDAQ:NVDA) shares declined 2.57 percent to $22.78 in pre-market trading session. The company reported higher fourth quarter profit but its revenue missed analysts’ estimates. The company stock was downgraded to “hold” rating from “buy” rating at Citi.
Apple Inc. (NASDAQ:AAPL) shares declined 1.30 percent to $358.41 in pre-market trading session after the US-based tabloid National Enquirer has published photos of Jobs taken on February 8 outside Stanford Cancer Center that show Jobs looking extremely thin and frail.