The companies whose shares are moving in pre-market trade on Wednesday are: Electronic Arts, Anadarko Petroleum, Freeport-McMoRan, CME Group, Broadcom, Whirlpool, Boston Scientific and Netflix.
Electronic Arts Inc. (NASDAQ:ERTS) shares surged 9.60 percent to $17.12 in pre-market trading session on Wednesday as late Tuesday the company reported better-than-expected third quarter earnings. Adjusted profit was $196 million or 59 cents a share, up from $109 million or 33 cents a share last year. Adjusted revenue rose 4 percent to $1.41 billion. Analysts had expected profit of 57 cents a share on revenue of $1.44 billion.
Anadarko Petroleum Corp. (NYSE:APC) shares gained 1.77 percent to $79.93 in pre-market trading session. The stock has a 52 week low of $34.54 and 52 week high of $79.85 and has $38.92 billion market capitalization.
Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) shares advanced 2.36 percent to $58.38 in pre-market trading session. The company undertook a 2 for 1 split on its shares on Wednesday. Its fourth quarter net income increased about 60 percent as revenues increased over 21 percent, amid strong pricing environment for gold and copper.
CME Group Inc. (NASDAQ:CME) shares gained 0.25 percent to $316.73 in pre-market trading session. The company announced that January volume averaged 12.3 million contracts per day, up 10 percent from January 2010. Total volume for January was 246 million contracts, of which a record 85 percent was traded electronically.
Broadcom Corp. (NASDAQ:BRCM) shares declined 6.12 percent to $43.55 in pre-market trading session as its fourth-quarter margins missed analysts’ estimates as expenses rose, led by sales and administration costs.
Whirlpool Corp. (NYSE:WHR) shares declined 3.42 percent to $85.20 in pre-market trading session as its fourth quarter earnings per share of $2.11 per share missed analysts estimation of $2.26 per share.
Boston Scientific Corp. (NYSE:BSX) shares declined 1.68 percent to $210.25 in pre-market trading session.
Netflix Inc. (NASDAQ:NFLX) shares declined 1.24 percent to $210.25 in pre-market trading session.