Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Alcoa Inc., down 79 cents at $31.54
The world's third-largest aluminum producer posted a 24 percent drop in quarterly profit, but results still topped expectations.
Sealy Corp., down 57 cents at $6.07
Higher material costs and lower domestic sales volumes caused the mattress maker to record a 26 percent drop in quarterly profit.
Cleveland-Cliffs Inc., up $13.84 at $105.78
The miner raised its outlook for iron sales because of higher steel prices and recent iron ore price settlements.
MBIA Inc., down 61 cents at $4.15
The bond insurer said its insurance subsidiary received approval to pay interest on surplus notes it issued earlier in the year.
NASDAQ
Cisco Systems Inc., down $1.30 at $21.58
An RBC Capital Markets analyst cut his price target on the networking equipment maker, expecting a delayed recovery in technology spending.
International Speedway Corp., down $1.31 at $38.06
A softening economy caused the motor sports company to lower the high end of its full-year profit outlook range.
Arris Group Inc., down $1.55 at $7.35
Soft sales of voice-enabled cable modems and other products caused the communications technology company to predict a weaker-than-expected second quarter.
Hansen Natural Corp., down $4.39 at $24.56
On a conference call with investors, the maker of Monster energy drinks reported soft sales at convenience stores.
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