Bank of America was falling 1.7% to $13.64 in premarket trading Wednesday after the Federal Reserve rejected the bank's plans to raise dividends in the back half of this year.Electronic parts company Jabil Circuit was surging 11.4% to $21.09 after reporting second-quarter earnings of 54 cents a share, beating estimates of 51 cents a share.
Software company Adobe Systems was falling 1.4% to $32.42 in premarket trading Wednesday after spiking in after-hours trading the previous day on better-than-expected first-quarter numbers.
Unilever was rising 0.6% to $29.71 after it was announced that the consumer goods giant's Sanex personal care brand was being bought by Colgate-Palmolive for €672 million ($940 million) as part of the oral care company's strategy to focus on its higher-margin oral care, personal care and pet nutrition businesses.
Software maker Oracle was up 0.4% to $31.24 after it said it will stop all software development on the Intel Itanium microprocessor because its strategic focus is on the x86 microprocessor and Itanium was nearing the end of its life.
Google was flat at $577.28 as the Internet search engine giant's plans to build the world's largest digital library ran into a legal roadblock. A federal judge on Tuesday rejected the $125 million class-action settlement plan reached between the company and authors and publishers groups in 2008.
Food company General Mills on Wednesday reported third-quarter adjusted earnings of 56 cents a share, in line with analysts' expectations.
Entertainment company Disney and technology company Hewlett-Packard will hold shareholder meetings Wednesday.
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