U.S. Equity Market Preview (ADBE, AKS, CNX, DRI, GIS)

Shares of the following companies may see some unusual movements in trading on Wednesday, according to Bloomberg.

Adobe Systems Incorporated (NASDAQ: ADBE), a diversified software company, raised forecast for its sales in second-quarter. Shares of Adobe were up 5.34% to $37.10 in pre-market trading.

AK Steel Holding Corporation (NYSE: AKS), a producer of flat-rolled carbon, stainless and electrical steels, and tubular products, was down 0.95% to $22.95 in pre-market trading.

CONSOL Energy Inc. (NYSE: CNX), a multi-fuel energy producer, was upgraded from Neutral to Overweight rating by JP Morgan Chase & Co. (NYSE: JPM). Shares of CONSOL were up 1.34% to $45.47 in pre-market trading.

Darden Restaurants, Inc. (NYSE: DRI) was up 0.14% to $43.97 in pre-market trading. The company, which owns the Red Lobster and Olive Garden restaurant chain, reported EPS of $0.95 in its third-quarter, which was slightly ahead of the average analyst estimate of $0.92.

General Mills, Inc. (NYSE: GIS), a manufacturer and marketer of branded consumer foods, expects EPS of $4.57-$4.59 for the full-year. Shares of General Mills were down 1.07% to $72.78 in pre-market trading.

Jabil Circuit, Inc. (NYSE: JBL), a provider of electronic manufacturing services and solutions, reported its second-quarter results. The company reported revenue of $3 billion in its second-quarter. Shares of Jabil Circuit were down 6.54% to $17.16 in pre-market trading.

Lennar Corporation (NYSE: LEN), a homebuilder and provider of financial services, was up 7.03% to $18.26 in pre-market trading. On Wednesday, the company reported a loss of $0.04 per share in its first-quarter, which was lower than average analyst estimate of a loss of $0.34 per share.