Deere, Hormel, HP, TiVo and SeaDrill are big market movers

NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:


Deere & Co., up $3.66 to $80

The agricultural equipment maker reported better-than-expected fiscal fourth-quarter profit as it cut costs.

HP Inc., down $2 to $12.64

The computer maker’s former parent reported disappointing fourth-quarter results in its final earnings report as a unified company.

Hewlett Packard Enterprise Co., up 43 cents to $14.12

The technology-services arm of the formerly unified Hewlett-Packard saw an increase in sales of data-centre hardware during the fourth-quarter.

Hormel Foods Corp., up $2.23 to $73.55

The food company announced a 2-for-1 stock split following its strong fourth-quarter results and upbeat outlook.

SeaDrill Ltd., down 11 cents to $6.37

The offshore drilling contractor reported worse-than-expected third-quarter earnings and revenue on a drop in oil prices.

Caleres Inc., down 79 cents to $29.64

The footwear wholesaler reported better-than-expected third-quarter profit but revenue was lacklustre.


TiVo Inc., up 46 cents to $9.77

The digital video recording company reported better-than-expected third-quarter profit and revenue along with a subscriber boost.

PTC Therapeutics Pharmaceutical Inc., down $2.23 to $29.52

The drug developer suffered after an advisory panel gave a negative vote to a competitor’s potential muscle wasting disorder drug.