NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq stock market:
SunEdison Inc., up 5 cents to $5.07
The renewable energy company reached a deal for a subsidiary to extinguish $336 million in debt and acquired solar power plants.
Weight Watchers International Inc., up $3.68 to $23.05
The weight management services company launched an advertising campaign featuring Oprah Winfrey, who has a 10 per cent stake.
Pep Boys – Manny, Moe & Jack, down 55 cents to $18.39
Bridgestone Inc. said it will not counter Carl Icahn’s $1 billion offer, ending a bidding war over the auto parts and services company.
Marathon Oil Corp., down 65 cents to $12.38
The energy company’s stock, and those of its peers, tumbled as the price of crude oil fell 3 per cent to just under $37 a barrel.
ArcelorMittal, up 10 cents to $4.30
The steel and mining company saw its stock rise as iron ore prices have gained ground over the last several weeks.
Apple Inc., down $1.42 to $107.32
The iPhone maker agreed to pay Italy $350 million in back taxes, part of broader EU crackdown on multinationals.
Fairchild Semiconductor International Inc., up 74 cents to $20.75
The chipmaker received an unsolicited buyout offer for about $2.46 billion, topping a deal offered by ON Semiconductor.
One Horizon Group Inc., up 25 cents to $1.27
The telecommunications software company expanded its commercial offerings in China, prompted by growth in its Aishuo app.