Morgan Stanley and Halliburton climb; Intel and Cree fall

NEW YORK (AP) " Stocks that moved substantially or traded heavily on Wednesday:

Intel Corp., down $2.24 to $35.51

The world's largest chipmaker reported disappointing revenue and investors were unenthusiastic about its guidance.

Morgan Stanley, up 61 cents to $32.93

The bank reported solid earnings, thanks in part to strong results from its trading and bond-selling businesses.

Manhattan Associates Inc., down $6.15 to $52.85

The business software company reported weak sales and cut its revenue guidance.

Cree Inc., down $2.79 to $22.41

The lighting maker posted another quarter of weak sales and its guidance missed estimates.

Halliburton Co., up $2 to $49.07

The oil and gas drilling service company posted a surprise profit in the third quarter.

Transocean Ltd., up 56 cents to $10.46

Energy companies led stocks higher as the price of oil jumped.

Starbucks Inc., up 54 cents to $53.15

The coffee chain said it plans to double the number of its stores in China in five years.

Reynolds American Inc., down 98 cents to $46.29

Reynolds American led cigarette makers lower after it disclosed weak results and lower sales volumes.

This story has been automatically published from the Associated Press wire which uses US spellings

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