The companies whose shares are moving in pre-market trade on Wednesday are: Netapp, Finisar, Owens-Illinois, E-Commerce China, Carnival, J.C. Penney, Sprint Nextel, United States Steel, Baker Hughes and Southwest Airlines.

Netapp Inc. (NASDAQ:NTAP) shares gained 1.26 percent to $50.50 in pre-market trading session. The stock has a 52 week low of $36.66 and 52 week high of $61.02 and has $18.35 billion market capitalization.

Finisar Corp. (NASDAQ:FNSR) shares advanced 1.1 percent to $19.25 in pre-market trading session. The company is expected to report fourth quarter net income of $0.33 on revenue of $242.89 million.

Owens-Illinois Inc. (NYSE:OI) shares plunged 5.21 percent to $27.97 in pre-market trading session after the company lowered its second quarter operating EPS guidance below last year's level of earnings.
E-Commerce China Dangdang Inc. (NYSE:DANG) share declined 2.95 percent to $12.50 in pre-market trading session.

Carnival Corp. (NYSE:CUK) shares declined 2.44 percent to $36.34 in pre-market trading session. The company expects the revised impact from the prolonged conflicts in the Middle East and North Africa region, as well as the earthquake and nuclear disaster in Japan will cost the company an additional $0.15 per share for the second half of 2011.

J.C. Penney Co, Inc. (NYSE:JCP) shares declined 1.61 percent to $34.80 in pre-market trading session. The company announced on Tuesday that Ron Johnson, Apple's senior vice president of retail, will head up JC Penny from November1, taking the helm from Myron Ullman who will become executive chairman of the board.

Sprint Nextel Corp. (NYSE:S) shares declined 1.5 percent to $5.25 in pre-market trading session. The stock has a 52 week low of $3.7 and 52 week high of $6.45 and has $15.95 billion market capitalization.

United States Steel Corp. (NYSE:X) shares declined 1.09 percent to $42.72 in pre-market trading session.

Baker Hughes Inc. (NYSE:BH) shares declined 1.01 percent to $71.61 in pre-market trading session.

Southwest Airlines Co. (NYSE:LUV) shares declined 1.08 percent to $10.97 in pre-market trading session.

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