NEW YORK, N.Y. – Stocks that moved substantially or traded heavily on Wednesday:
Intel Corp., down $2.24 to $35.51
The world’s largest chipmaker reported disappointing revenue and investors were unenthusiastic about its guidance.
Morgan Stanley, up 61 cents to $32.93
The bank reported solid earnings, thanks in part to strong results from its trading and bond-selling businesses.
Manhattan Associates Inc., down $6.15 to $52.85
The business software company reported weak sales and cut its revenue guidance.
Cree Inc., down $2.79 to $22.41
The lighting maker posted another quarter of weak sales and its guidance missed estimates.
Halliburton Co., up $2 to $49.07
The oil and gas drilling service company posted a surprise profit in the third quarter.
Transocean Ltd., up 56 cents to $10.46
Energy companies led stocks higher as the price of oil jumped.
Starbucks Inc., up 54 cents to $53.15
The coffee chain said it plans to double the number of its stores in China in five years.
Reynolds American Inc., down 98 cents to $46.29
Reynolds American led cigarette makers lower after it disclosed weak results and lower sales volumes.