Wells Fargo, Navistar, AMR Are Big Movers

The Associated Press

NEW YORK (AP) — The following stocks were among those that moved substantially or traded heavily Wednesday on the New York Stock Exchange:

NYSE:

Wells Fargo & Co., down $1.56 at $28.90

Wells Fargo reported a $2.6 billion third-quarter profit as the company's retail banking operations offset rising loan losses.

Navistar International Corp., down $2.05 at $37.64

The commercial truck maker's plans to issue $1.5 billion in new debt that it will use to repay an outstanding loan.

St. Jude Medical Inc., up 95 cents at $34.11

The company trimmed its annual profit forecast and projected a disappointing fourth quarter profit.

AMR Corp., down 91 cents at $6.75

The parent company of American Airlines, nation's second-largest airline, lost $359 million in the third quarter as revenue plunged.

Morgan Stanley, up $1.56 at $34.08

Morgan Stanley returned to profitability for the first time in a year as income from its investment banking operations offset losses.

NASDAQ:

P.F. Chang's China Bistro Inc., down $3.35 at $30.28

The Asian-themed restaurant operator raised its full-year earnings outlook and forecast revenue well above Wall Street expectations.

Sun Microsystems Inc., down 30 cents at $8.71

The company plans to eliminate up to 3,000 jobs, or 10 percent of its worldwide work force, as it awaits a takeover by Oracle Corp.

Penn National Gaming Inc., up $1.29 at $28.64

The Wyomissing, Pa.-based casino operator's third-quarter results were not as bad as analysts had feared.