Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Alcoa Inc., down $3.40 at $39.32
A JPMorgan analyst cut his rating on the shares, saying investors may be disappointed the aluminum producer isn't selling itself or spinning off part of its business.
Talbots Inc., up 31 cents at $8.62
Majority shareholder Aeon Co. will provide the women's clothing retailer with a $50 million loan to support turnaround efforts.
Martha Stewart Living Omnimedia Inc., down 48 cents at $7.50
After serving four years as chief executive, Susan Lyne is stepping down, and two company executives will split her job.
Agrium Inc., up $7.97 at $100.13
Strong performance at its retail and wholesale operations caused the Canadian fertilizer maker to lift its second-quarter profit outlook.
NASDAQ
Staples Inc., up $1.23 at $24.38
The office supply giant succeeded in its bid to buy Dutch office supply distributor Corporate Express NV for about $2.7 billion, or $14.36 per share.
Hooker Furniture Corp., down $2.99 at $17.43
Chief Executive Paul B. Toms Jr. forecast sluggish retail conditions after the furniture company's fiscal first-quarter profit and sales declined.
First Bancshares Inc., down $1.87 at $12.77
The holding company for First Home Savings Bank said the board of directors ended plans to take the company private.
Central Garden & Pet Co., down $2.64 at $4.74
Price increases haven't offset high grain costs for the garden and pet supplies retailer, which is less optimistic it can meet or beat fiscal 2007 results.
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