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What's Shaking: Wednesday's Early Movers
29 Feb 2012 EST - CNBC.com
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Take a look at some of Wednesday morning's early movers:

Staples - The office supplies retailer earned 41 cents per share for the fourth quarter, one cent above estimates. The results were helped by an increase in North American customer traffic, although the company does say it expects slow U.S. economic growth this year and a soft demand environment in Europe.

Joy Global - The mining equipment maker earned $1.33 per share for its fiscal first quarter, two cents below estimates, with revenues also slightly below analyst forecasts. The company says it's pleased overall with its quarter, and raised its 2012 full year earnings view.

Apple - The company reached the $500 billion market cap milestone during after-hours trading Tuesday, and Apple will hold that mark as long as shares remain at $536.27 or above.

DreamWorks Animation - The film studio earned 29 cents a share for its fourth quarter, three cents below estimates, as a smaller group of new films contributed to shrinking revenue.

First Solar - First Solar reported fourth quarter earnings of $1.26 per share, well below estimates of $1.53, with revenue also missing estimates by a wide margin. The solar equipment company also cut its 2012 revenue outlook, pushing it below analyst forecasts. Among the negative factors: the cost of replacing defective solar panels as well as lower sales prices.

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