Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
FedEx Corp., down $10.78 at $63.65
The shipper cut its forecast for fiscal 2009 earnings and capital spending as deliveries slipped along with the economy.
Con-Way Inc., down $3.58 at $22.19
The trucking company reduced its earnings forecast and said it would cut its work force to adjust to slumping demand.
ArvinMeritor Inc., down 7 cents at $4.25
The auto-parts supplier said it is withdrawing its full-year guidance due to "continuing distress" in global markets.
Nucor Corp., up 27 cents at $40.98
A significant decline in shipments in the fourth quarter will push the steel producer close to a loss, the company said.
Kroger Co., down $1.84 at $25.47
Third-quarter profit fell 6 percent, and the grocery chain operator offered a cautious forecast for the rest of the year.
Corning Inc., down 20 cents at $8.79
The glass maker is weighing plant closings and job cuts as sales of LCD televisions rose less than expected in November.
Pep Boys _ Manny, Moe & Jack, down $1.30 at $3.69
The auto-parts retailer said its third-quarter loss narrowed significantly, but results still lagged Wall Street predictions.
NASDAQ
Novellus Systems Inc., up 45 cents at $12.63
Its work force will shrink by 10 percent and the chip equipment maker will cut its CEO's pay in half as sales dry up.
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