Updated from 3:50 p.m. EDT
(MOT) was the
Big Board's biggest percentage gainer and volume mover Wednesday, with its stock closing up $3.08, or 19%, to $19.30. More than 81 million shares traded hands vs. its 30-day average daily volume of just over 14 million. The company reported Tuesday
Alcon (ACL), the world's largest eye-care maker, enjoyed healthy gains on Wednesday as well, as the company announced strong quarterly results that beat analysts' expectations.
Alcon said its first-quarter profit rose 47%, as revenue climbed 19%. The company earned 61 cents a share vs. 42 cents a year ago. Analysts polled by Thomson First Call were looking for the company to earn just 49 cents per share. As a result of the stronger-than-expected earnings, the company's stock closed up $5.96, or 8.8%, to $73.54.Shoemaker Wolverine World Wide (WWW) moved higher on Wednesday after the company posted strong earnings and revenue for its first quarter. The company's shares closed up $1.87, or 7.7%, to $26.30. Other most active names on the Big Board included Lucent (LU), Ford (F - Get Report) and Cisco (CSCO). Ford reported surprising first-quarter earnings, saying its