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.