NEW YORK, N.Y. – Stocks that moved substantially or traded heavily on Wednesday:
Nike Inc., down $2.09 to $53.25
The athletic apparel maker reported solid quarterly results, but investors worried about its North American sales.
Tempur Sealy International Inc., down $16.68 to $57.77
The mattress company said third-quarter sales have been weak and forecast a decline in annual revenue.
Deutsche Bank AG, up 38 cents to $12.30
The bank said it isn’t seeking government aid and agreed to sell a life insurance business, raising some cash.
Sonic Corp., down $2 to $25.44
The fast food chain said the fourth quarter has been disappointing as it deals with aggressive competition and less customer traffic.
Molson Coors Inc., up $2.08 to $109.61
SABMiller shareholders approved its combination with AB InBev, which will give Molson Coors full ownership of a joint venture with Miller.
Cintas Corp., up $2.74 to $116.17
The uniform rental company raised its annual guidance after it reported strong first-quarter results.
AT&T Inc., down 61 cents to $40.85
The phone company’s stock slumped after a UBS analyst downgrade it to “neutral.”
BlackBerry Ltd., up 45 cents to $8.33
The company said it will stop making its own smartphones, announced a licensing deal and said it restructured its debt.