Stocks that were moving substantially or trading heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:NYSEWells Fargo & Co., up $1.41 at $31.24. To reflect a deepening real estate slump that's cutting into the value of mortgage-backed securities, the bank will take a $1.4 billion quarterly loss.

Pep Boys - Manny, Moe & Jack, down $1.04 at $12.69.

Lower sales caused third-quarter loss to widen, and the auto parts and services company said it cut jobs and closed stores as part of a restructuring.

Freddie Mac, up $4.12 at $29.85.

To improve its cash flow, the struggling government-backed mortgage company cut its dividend in half to 25 cents and will issue preferred stock.

Idearc Inc., down 38 cents at $18.92.



The publisher of Verizon Yellow Pages and Superpages.com said Treasurer, CFO and executive vice president Andy Coticchio left the company for undisclosed reasons.

NASDAQHerman Miller Inc., up $3.43 at $26.97.

The furniture maker will cut 150 jobs, or about 2 percent of its workforce, and raised its second-quarter profit outlook above estimates.

Marvell Technology Group Ltd., down $1.40 at $15.25.

While third-quarter profit beat estimates, the chipmaker swung to a loss on higher costs and will cut 400 jobs, or 7 percent of its workforce.

Amazon.com Inc., up $3.21 at $88.80.

Federal prosecutors withdrew a subpoena seeking records of customers who bought used books after a judge cited the First Amendment to criticize the request.

Dress Barn Inc., down 37 cents at $13.87.

The women's clothing retailer said warm weather and slow consumer spending caused first-quarter profit to fall 28 percent, below analyst projections.