NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday:
FedEx Corp., up $3.44 to $229.93.
The package delivery service will restructure its operations as part of a $4 billion cost-cutting plan.
Johnson & Johnson, up $7.12 to $165.61.
The maker of Tylenol and Band-Aid bandages is earmarking nearly $9 billion to settle cancer lawsuits related to its baby powder.
Schnitzer Steel Industries Inc., down $1.63 to $28.70.
The recycler of ferrous and nonferrous scrap metal reported weak fiscal second-quarter earnings.
The Simply Good Foods Co., down $1.85 to $36.84.
The maker of Atkins meal plans warned investors a drop in its fiscal 2023 margins could be steeper than previously estimated.
Conagra Brands Inc., up 69 cents to $38.27.
The maker of Birds Eye frozen vegetables and Slim Jim meat sticks reported strong fiscal third-quarter results.
Chipotle Mexican Grill Inc., down $37.42 to $1,697.42.
Restaurants slipped following a government report showing slower growth in the services sector.
Walmart Inc., up $2.44 to $149.67.
The retailer reaffirmed its financial forecasts for the year.
Western Alliance Bancorp, down $4.15 to $29.37.
Investors were disappointed by the Phoenix bank's update on its deposits.
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