NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq stock market:
Time Warner Inc., down $3.14 to $60.07
Revenue for the owner of Warner Bros. studios and HBO and TBS networks came up far short of expectations.
Walt Disney Co., down $3.47 to $88.85
Disney’s fourth-quarter television profit slumped as ESPN struggles with subscriber losses and higher costs for broadcast rights.
DTE Energy Co., down $1.06 to $85.79
The Detroit-based utility slumped after its fourth-quarter revenue disappointed investors.
Martin Marietta Materials Inc., up $2.50 to $131.38
The building materials company continued to climb after it gave an upbeat view of the construction industry in 2016.
Sealed Air Corp., up $3.20 to $43.63
The packaging company posted a larger-than-expected fourth-quarter profit.
Assurant Inc., down $10.26 to $66.23
The insurer’s fourth-quarter profit fell short of analyst estimates.
Akamai Technologies Inc., $8.39 to $47.96
The cloud services company’s fourth-quarter profit and revenue surpassed analyst projections.
Henry Schein Inc., up $9.13 to $156.75
The health care products maker rose after it reported strong fourth-quarter results.