AMR, NYT Co., CarMax, Adobe among those companies making big stock market moves

AMR, NYT, CarMax, Adobe among big market movers

NEW YORK — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

AMR Corp., down 60 cents at $6.28

Analysts said the third quarter revenue forecast from the owner of American Airlines was too weak.

The New York Times Co., down 52 cents at $7.45

The newspaper publisher expects a loss in the third quarter, saying growth in digital ad sales will not make up for print ad declines.

CarMax Inc., up $2.04 at $26.16

Quarterly profit rose nearly 5 percent at the used car dealership chain as auto sales and customer prices increased.

General Mills Inc., 96 cents at $36.63

Higher prices and stronger sales of cereals, yogurts and other products boosted the food maker’s quarterly profit by 12 percent.

Jefferies Group Inc., down $1.25 at $23

The investment bank’s quarterly net income fell by almost half, missing analyst expectations, because of lower trading volumes.

NASDAQ

Adobe Systems Inc., down $6.27 at $26.67

The Photoshop software maker’s revenue outlook disappointed because of tame demand in Japan and from the U.S. education market.

Brocade Communications Systems Inc., up 61 cents at $6.26

Online reports that IBM was interested in buying the computer networking equipment maker lifted shares.

EBay Inc., down 40 cents at $24.34

The e-commerce company said the president of eBay Marketplaces, its largest unit, is stepping down without an immediate replacement.