Akamai and Sealed Air Rise, Time Warner and Disney fall

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.