Time Warner, Yahoo, Intel, HCA Holdings, and PNC Financial are big market movers
Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
Time Warner Inc. (TWX), up $12.12 to $83.13
The media and entertainment company said it rejected a takeover bid from Rupert Murdoch's Twenty-First Century Fox Inc.
International Game Technology (IGT), up $1.42 to $16.92
The slot machine maker is being bought for $4.7 billion by the Italian lottery operator Gtech for $4.7 billion in cash and stock.
HCA Holdings Inc. (HCA), up $5.78 to $60.99
The hospital operator said its second-quarter financial results will be better than expected and it raised its full-year outlook.
PNC Financial Services Group Inc. (PNC), down $3.06 to $85.18
The financial services company reported a decline in net interest margin, which is a key measure of lending profitability.
Nasdaq
Intel Corp. (INTC), up $2.94 to $34.65
The world's largest maker of microprocessors reported a 40 percent boost in profit during its most recent quarter as sales rose.
Yahoo Inc. (YHOO), down $1.82 to $33.79
The technology company reported a drop in second-quarter profit and revenue, and both results fell short of expectations.
Interactive Intelligence Group Inc. (ININ), down $7.56 to $42.42
The business software and services company lowered its second-quarter revenue guidance, citing deal delays and deferred revenue.
IGate Corp. (IGTE), up $1.21 to $40.69
The information technology and outsourcing company reported second-quarter profit and revenue that topped Wall Street expectations.