The companies whose shares are moving in pre-market trade on Wednesday are: Corning, Baker Hughes, Carnival Corp, Boeing, Hess Corp, Merck & Co, GlaxoSmithKline, LDK Solar, FMC Technologies, Rockwell Automation and Johnson & Johnson.

Corning Inc. (NYSE:GLW) shares surged 4.85 percent to $21.60 in pre-market trading session. The company reported first quarter net income of $748 million or $0.47 per share compared to $816 million or $0.52 per share in the same quarter last year. Net sales rose to $1.92 billion from $1.55 billion a year ago. Analysts’ expected net income of $0.44 per share and revenue of $1.83 billion.

Baker Hughes Inc. (NYSE:BHI) shares surged 4.74 percent to $77.57 in pre-market trading session. The company reported first quarter net income of $381 million or $0.87 per share compared to $129 million or $0.41 per share in the same quarter last year.

Carnival Corp. (NYSE:CCL) shares advanced 1.94 percent to $37.79 in pre-market trading session. The stock has a 52 week low of $29.68 and 52 week high of $48.14 and has $29.34 billion market capitalization.

Boeing Co. (NYSE:BA) shares advanced 0.79 percent to $76.15 in pre-market trading session. The company reported first quarter net income of $0.59 billion or $0.78 per share compared to $0.52 billion or $0.70 per share in the same quarter last year, while analysts’ expected net income of $0.72 per share. The company also reaffirmed its 2011 profit outlook of $3.80 to $4.00 per share on revenue of $68 billion to $71 billion.

Hess Corp. (NYSE:HES) shares advanced 1.65 percent to $82.00 in pre-market trading session after the company said its first quarter profit surged to $929 million or $2.74 per share from $538 million or $1.65 per share in the same quarter last year. Revenue rose to $10.5 billion from $9.22 billion, while analysts’ expected net profit of $1.80 per share on revenue of $10.03 billion.

Merck & Co. (NYSE:MRK) shares advanced 1.03 percent to $35.53 in pre-market trading session. The company announced that its Board of Directors has approved additional purchases of up to $5 billion of Merck's common stock for its treasury.

GlaxoSmithKline Plc. (NYSE:GSK) shares advanced 1.32 percent to $42.27 in pre-market trading session after the company said its first quarter net profit rose 14 percent to $2.53 billion. Sales declined 10 percent to 6.59 billion pounds. Analysts expected net income of $0.31 per share on sales of 6.65 billion pounds.

LDK Solar Co. Ltd. (NYSE:LDK) shares plunged 5.69 percent to $10.77 in pre-market trading session as the company cut its first quarter revenue outlook. LDK Solar lowered its first quarter 2011 revenue outlook to the range of $745 million to $755 million from its earlier estimation of $800 million to $850 million range, while analysts’ estimates revenue of $820.09 million for the first quarter.

FMC Technologies, Inc. (NYSE:FTI) shares declined 3.31 percent to $46.48 in pre-market trading session. The company reported first quarter net income of $85.2 million or $0.35 per share compared to $99.0 million or $0.40 per share in the same quarter last year.

Rockwell Automation (NYSE:ROK) shares declined 3.91 percent to $94.01 in pre-market trading session. Its second quarter net profit rose to $166.4 million or $1.14 per share from $137.0 million or $0.95 per share in the same quarter last year. The company narrowed its fiscal 2011 earnings guidance to a range $4.40 to $4.60 per share.

Johnson & Johnson (NYSE:JNJ) shares declined 1.85 percent to $63.75 in pre-market trading session. The company announced a definitive deal to acquire Synthes, Inc. for 159 Swiss francs per share or $21.3 billion.

Nyse #carnival Merck & Co. NYSE Euronext