NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:
Citigroup Inc., up $2.17 at $36.46
The bank said that it is cutting 11,000 jobs, or about 4 percent of its workforce, to save $900 million in costs next year.
Toro Co., down $2.62 at $42.45
The maker of landscaping equipment said that its fiscal fourth-quarter net income fell on weak preseason demand for snowthrowers.
Oxford Industries Inc., down $4.25 at $48.53
The clothing company, which owns the Tommy Bahama and Lilly Pulitzer brands, posted disappointing fiscal third-quarter results.
Freeport-McMoRan Copper & Gold Inc., down $6.12 at $32.16
The mining company said it is buying oil companies Plains Exploration & Production and McMoRan Exploration for about $9 billion.
Pandora Media Inc., down $1.65 at $7.80
The Internet radio company said that its third-quarter net profit more than tripled, but it predicted a loss in the fourth quarter.
AeroVironment Inc., up $2.68 at $22.94
Higher sales at its efficient-energy-systems unit helped push the unmanned aircraft maker's third-quarter net income up 32 percent.
Mattress Firm Holding Corp., down $6.65 at $23.67
Despite stronger-than-expected third-quarter results, the mattress retailer posted a weak forecast on softening sales trends.
Tibco Software Inc., down $4.72 at $20
The software company warned that its fiscal fourth-quarter and full-year results will fall short of Wall Street expectations.