Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange:
NYSE
Morgan Stanley, up 37 cents at $16.50
The banking firm posted a quarterly loss of $2.37 billion, or $2.34 per share, but its stock rebounded after early losses.
CIT Group Inc., down 17 cents at $4.48
The finance company said it would raise $250 million through a stock offering as it seeks to tap federal rescue funds.
General Mills Inc., up 10 cents at $61.35
The cereal maker said quarterly profit slipped 3 percent, but adjusted results beat expectations on lower costs.
Constellation Energy Group Inc., down $5.74 at $23
The energy company will sell half its nuclear power business to French state-controlled power company EdF for $4.5 billion.
Newell Rubbermaid Inc., down $3.60 at $9.58
The Sharpie maker slashed fourth-quarter and full-year profit guidance, citing the downturn in the global economy.
Western Digital Corp., up 22 cents at $12.72
The hard drive maker said it plans to cut about 5 percent of its work force in response to weakening demand for its products.
Aetna Inc., down 38 cents at $24.42
The managed-care company will cut 1,000 jobs, or nearly 3 percent of its staff, to reduce costs and adjust to the slow economy.
NASDAQ
Apple Inc., down $6.27 at $89.16
The computer icon's CEO, Steve Jobs, won't attend January's Macworld tradeshow, the company's last appearance at the event.
Copyright 2008 AP Features
