The companies whose shares are moving in pre-market trade on Wednesday are: Carmax, Fedex, Yahoo, Reynolds American, Reynolds American, United Parcel Service, Jabil Circuit, Philips Electronics, Archer Daniels Midland and Archer Daniels Midland.

Carmax Inc. (NYSE:KMX) shares surged 7.8 percent to $32.90 in pre-market trading session. The company reported first quarter net income of $0.55 per share compared to $0.44 per share in the same quarter last year.

Fedex Corp. (NYSE:FDX) shares gained 2.43 percent to $2.43 percent to $91.30 in pre-market trading session. The company reported fourth quarter net income of $558 million or $1.75 per share compared to $419 million or $1.33 per share in the same quarter last year. The company also expects first quarter earnings to be in the range of $1.40 to $1.60 per share against analysts’ estimation of $1.41 per share.

Yahoo! Inc. (NASDAQ:YHOO) shares gained 1.89 percent to $15.64 in pre-market trading session.

Reynolds American Inc. (NYSE:RAI) shares advanced 2.17 percent to $39.00 in pre-market trading session. The stock has a 52 week low of $25.61 and 52 week high of $39.87 and has $22.25 billion market capitalization.

Boston Scientific Corp. (NYSE:BSX) shares advanced 2.46 percent to $7.09 in pre-market trading session. Bank of America reiterated “neutral” rating on shares of BSX.

United Parcel Service, Inc. (NYSE:UPS) shares gained 1.4 percent to $71.64 in pre-market trading session.

Jabil Circuit Inc. (NYSE:JBL) shares advanced 2.39 percent to $2.39 percent to $19.30 in pre-market trading session. The company reported third quarter net income of $104.7 million or $0.47 per share compared to $52.0 million or $0.24 per share in the same quarter a year ago.

Philips Electronics NV (NYSE:PHG) shares plunged 13.01 percent to $22.66 in pre-market trading session after the company warned of weaker-than-expected demand in its lighting and consumer lifestyle divisions.

Archer Daniels Midland Co. (NYSE:ADM) shares declined 1.37 percent to $30.15 in pre-market trading session. The stock has a 52 week low of $25.02 and 52 week high of $38.02 and has $19.50 billion market capitalization.

Halliburton Co. (NYSE:HAL) shares declined 1.06 percent to $46.63 in pre-market trading session.

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