NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq stock market:
NYSE
Devon Energy Corp., down 93 cents to $20.33
The oil and natural gas company said it will eliminate 20 per cent of its staff and slash its spending and dividend.
Kinder Morgan Inc., up $1.56 to $17.18
Warren Buffett’s Berkshire Hathaway disclosed a 1.2 per cent stake in the pipeline company.
TransUnion, up $3.71 to $25.07
The credit rating company reported strong fourth-quarter results, and its outlook was stronger than analysts anticipated.
Gannett Co., down $1.10 to $14.24
The newspaper publisher reported disappointing results due to declining advertising and circulation.
Nasdaq
Priceline Group Inc., up $124.88 to $1,235.56
The online travel company’s quarterly profit and revenue surpassed estimates.
Fossil Group Inc., up $9.84 to $44.30
The watch and accessories maker, which slumped in 2015, posted quarterly results that were far better than expected, and its guidance pleased investors.
Garmin Ltd., up $5.83 to $41.06
The personal navigation device maker’s fourth-quarter profit was larger than Wall Street expected.
Cerner Corp., down $2.65 to $52.81
The health care information technology company slumped as investors were concerned about its contract bookings.