Nike, GE and PrivateBancorp climb, Esperion tumbles

NEW YORK, N.Y. – Stocks that moved substantially or traded heavily on Wednesday:

Nike Inc., up $2.04 to $55.13

The athletic apparel maker’s fiscal fourth-quarter profit was greater than analysts expected.

Tesaro Inc., up $40.19 to $77.40

The company’s drug niraparib slowed the progress of ovarian cancer in a late-stage study.

PrivateBancorp Inc., up $8.36 to $44.29

CIBC said it will buy the bank holding company for $47 per share in cash and stock, or $3.73 billion.

Diamond Resorts International Inc., up $5.72 to $29.79

Apollo Global will buy the resort operator for $30.25 a share in cash, or $2.11 billion.

General Electric Co., up 61 cents to $30.55

Financing unit GE Capital is no longer deemed too big to fail, limiting regulatory oversight.

Newfield Exploration Co., up $1.68 to $44.53

Energy companies made big gains Wednesday as the price of oil continued to rebound.

Esperion Therapeutics Inc., down $6.52 to $9.66

Investors fear the company will have difficulty getting an experimental cholesterol drug approved.

Acuity Brands Inc., up $1.95 to $246.61

The lighting maker reported a larger profit than analysts expected.