(Read More: See the Day's Top Percentage Winners & Losers)
BlackBerry - Morgan Stanley has given the smartphone maker a two-notch upgrade to "overweight" from "underweight." The firm said it expects the company's new products lifting profit margins and prices, making up for a lower adoption rate.
(Read More: Vote! BlackBerry vs. Nokia-Which Stock Wins From Here?)
Adobe Systems - The software maker reported fiscal first-quarter profit of $0.35 per share, four cents above estimates. Revenue also topped analysts' forecasts. Adobe's earnings were 65 percent lower than the prior year, as the company transitions to subscription services from packaged software, but they still beat the Street's expectations.
Williams-Sonoma - The company earned $1.34 per share for the fourth quarter, five cents above estimates, with revenue also beating consensus. The home goods retailer saw strong online sales during the quarter, and was also helped by a reduction in discounting.
Francesca's Holdings - Francesca's beat estimates by three cents with fourth-quarter profit of $0.33 per share. Revenue of $86.7 million was also well above forecasts of $78 million. The women's clothing retailer specializes in affordable apparel for customers aged 18 to 35.
ConocoPhillips - The energy producer has made what it calls a "significant" oil discovery in a recently drilled Gulf of Mexico well. Conoco has a 30 percent stake in the well, as does Anadarko Petroleum.
JPMorgan Chase - The bank will return $546 million to former customers of collapsed trading firm MF Global under a tentative agreement struck late Tuesday. The deal must still be approved by two judges. JPMorgan was the processor of the firm's securities trades.
Boeing - Japan's All Nippon Airways reportedly wants cash from the jet maker rather than future discounts as compensation for the grounding of Boeing's 787 Dreamliner. Reuters quotes a person familiar the Japanese airline's thinking, although a spokesman says nothing has been decided. ANA is the Boeing's biggest 787 customer.
(Read More: Ryanair CEO Calls Boeing 787 Problems 'Regulatory Crap')
General Electric - GE may consider spinning off its GE Capital unit at some point in the future, according to CEO Jeff Immelt. However, he told industry leaders in Sydney, Australia, that GE is not actively working on such a plan.
Apple - Canaccord Genuity has cut its price target for Apple shares to $600 from $650, after its channel checks indicated a later launch for the iPhone 5s, as well as the potential loss of market share to competitors.
(Read More: Apple to Announce Cash Move Soon: Analyst)
Zynga - The online game producer's shares have been downgraded to "neutral" from "buy" at Bank of America/Merrill Lynch.
Walgreen - JPMorgan Chase has upgraded the drugstore operate to "overweight" from "neutral" on the strength of its new alliance with AmerisourceBergen. Citi has also upgraded Walgreen to "buy" from "sell."
American Realty Capital Trust - The real estate investment trust (REIT) has offered to buy Cole Credit Property Trust for $5.7 billion in cash and stock. The proposed deal would create the largest publicly traded REIT in the net lease sector.