Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
AT&T Inc., up $1.24 at $33.06
The telecommunications company met adjusted second-quarter profit estimates, quelling some concerns about its shrinking landline business.
McDonald's Corp., down 46 cents at $59.66
While the nation's largest burger chain expects beef and chicken costs to climb through 2008, quarterly revenue rose, driven by new products.
Pfizer Inc., up 72 cents at $19.07
A weak dollar helped lift overseas revenue, offsetting competition from generics and driving the drug maker's adjusted profit above estimates.
Boeing Co., down $2.54 at $66.72
Second-quarter earnings fell 19 percent because of a $248 million charge related to a defense program, the commercial airplane maker said.
Washington Mutual Inc., down $1.17 at $4.65
The nation's largest savings and loan reported a $3.33 billion quarterly loss, the biggest in its history, on soaring mortgage loans and higher reserves.
General Motors Corp., up 30 cents at $14.62
While the automaker said total sales fell 3 percent in the first half of the year on domestic weakness, it posted strong international growth.
Fannie Mae, up $1.59 at $15
The mortgage company, along with smaller peer Freddie Mac, gained ahead of an expected vote on a government plan to offer them a cash infusion.
NASDAQ
Costco Wholesale Corp., down $8.57 at $63.43
The warehouse club operator expects fiscal full-year profit will miss expectations, as it doesn't want to raise prices, despite higher energy costs.
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