Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:
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Krispy Kreme Doughnuts Inc. (KKD), down $2.08 to $15.65
The doughnut maker reported disappointing second-quarter earnings and revenue and moved to cut its full-year profit guidance.
Palo Alto Networks Inc. (PANW), up $12.23 to $177.40
The security software maker reported a surge in fiscal fourth-quarter revenue as its customer base and billings increased.
Con-Way Inc. (CNW), up $12.01 to $47.54
XPO Logistics Inc. is buying the transportation and logistics company in a deal worth about $3 billion, including debt.
Sun Life Financial Inc. (SLF), up $1.05 to $32.04
The financial services company is buying insurance company Assurant Inc.'s employee benefits business for $975 million.
Platform Specialty Products Corp. (PAH), down 63 cents to $17.20
Alent PLC shareholders approved the chemical product company's buyout offer and the deal is expected to close by early 2016.
Lululemon Athletica Inc. (LULU), down $10.51 to $53.54
The yoga apparel maker reported positive fiscal second-quarter profit and revenue, but it gave a mixed fiscal outlook.
Seagate Technology PLC (STX), down 88 cents to $49.22
The disk maker said it plans to cut about 2 percent of its workforce, or 1,050 jobs, as part of a restructuring program.
Dermira Inc. (DERM), up 36 cents to $26.43
The biotechnology company presented positive results from a preclinical study focusing on a potential acne treatment.