General Motors, Facebook and Molson Coors jump; Kellogg sags

FAN Editor

Stocks that moved substantially or traded heavily Wednesday:

General Motors Co., up $3.05 to $36.59

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The automaker had a strong quarter as it raised prices in North America and reported a bigger profit in China.

Facebook Inc., up $5.57 to $151.79

The social network’s third-quarter profit was larger than expected.

Kellogg Co., down $6.38 to $65.48

The breakfast food maker lowered its adjusted earnings forecast because of higher costs and more investments in its business.

Owens & Minor Inc., down $6.30 to $7.90

The medical supply distributor said costs are rising and its U.S. division is struggling, while sales fell short of expectations.

McDermott International Inc., down $5.14 to $7.73

The maker of offshore oil drilling platforms had a weaker-than-expected quarter and said it will sell two businesses.

Estee Lauder Cos., up $6.22 to $137.44

The beauty products maker disclosed a bigger profit and stronger sales than analysts had forecast.

Electronic Arts Inc., down $3.85 to $90.98

The video game publisher cut its annual revenue forecast by more than investors expected.

Molson Coors Brewing Co., up $5.79 to $64

The beer maker disclosed a bigger-than-expected profit and said it expects bigger savings from a cost-cutting program.

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