Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:
Avis Budget Group Inc., up 74 cents at $12.48
The car rental company said it is no longer interested in buying its rival Dollar Thrifty Automotive Group.
Hartford Financial Services Group Inc., up 83 cents at $18.18
A Sterne Agee analyst upgraded the insurance provider's stock to "Buy" saying the stock is "extremely attractive" in the long-term.
Solutia Inc., down 54 cents at $15.54
The specialty chemicals maker lowered its adjusted earnings expectations for the full year because of slower-than-expected demand.
El Paso Electric Co., down $1.91 at $31.41
A Jefferies analyst downgraded the utility company's stock after a city council voted to try to force it to lower its rates.
Ralcorp Holdings Inc., down $6.03 at $79.11
ConAgra Foods threatened to withdraw its offer to buy the cereal maker if it doesn't engage in dialogue about the purchase.
Oshkosh Corp., up $1.37 at $19.54
The vehicle maker unveiled a new combat military vehicle that's fuel efficient and lets troops navigate through rugged territory.
Jakks Pacific Inc., up $3.57 at $19.57
Investment management firm Oaktree Capital Management proposed to take the toy maker private for about $544 million in cash.
Majesco Entertainment Co., down 34 cents at $2.32
Shares of the video game publisher, known for its Zumba Fitness game, slid even though it posted earnings that beat expectations.