NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:
Sprint Nextel Corp., up 21 cents at $3.76
The No. 3 U.S. wireless carrier would benefit if the Justice Department blocked rival AT&T’s $39 billion deal for T-Mobile USA.
Lions Gate Entertainment Corp., down 56 cents at $6.96
Investor Carl Icahn will sell his entire stake for $7 per share, ending a long battle for control of the movie and TV studio.
Zale Corp., down 67 cents at $4.08
The jewelry chain paid more for diamonds, gold and silver in the most recent quarter, deepening its loss even though sales improved.
Salesforce.com, up $5.29 at $128.75
Wunderlich rated the online software company a “Buy,” citing its strong revenue growth, cash stockpile and stable business model.
Joy Global Inc., up $1.08 at $83.45
The mining equipment maker’s quarterly profit grew as strong overseas demand for commodities boosted U.S. mining projects.
Jos. A Bank Clothiers Inc., up $4.03 at $51.30
Higher men’s clothing sales propelled the retailer’s quarterly net income by 25 percent, topping Wall Street expectations.
CardioNet Inc., down 48 cents at $3.29
The Justice Department is investigating allegations that the heart device maker overcharged the government’s Medicare program.
TriQuint Semiconductor Inc., down 58 cents at $7.58
Barclays downgraded the chip maker and cut the price target on its shares. The analyst said TriQuint’s forecast is too aggressive.