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La-Z-Boy, Adobe Systems, Tetra Tech, DreamWorks Animation are big market movers Wednesday

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

NYSE

Alcatel-Lucent SA, up 6 cents at $1.93

The telecommunications equipment manufacturer said that it launched a major effort to shed businesses and jobs to cut costs.

FedEx Corp., up $1.10 at $100.58

The package delivery company's fourth-quarter profit fell 45 percent, but the results beat Wall Street expectations.

The Men's Wearhouse Inc., down 43 cents at $37.04

The men's clothing company said that it fired the founder and face of the company, executive chairman George Zimmer.

La-Z-Boy Inc., down 51 cents at $19.77

The Monroe, Michigan-based furniture maker reported that its fiscal fourth-quarter net income fell compared with last year's quarter.

Nasdaq

Adobe Systems Inc., up $2.42 at $45.78

The software maker said profit shrank in its fiscal second quarter, but its Creative Cloud subscriptions kept rising.

DreamWorks Animation SKG Inc., up 64 cents at $24.95

The animation studio, known for its "Shrek" and "Madagascar" films, said it expects revenue from TV shows to double.

Tetra Tech Inc., down $3.64 at $23.09

The engineering services company said it will take a loss in the fiscal third quarter as it absorbs about $95 million in charges.

Pool Corp., down $3.15 at $51.57

The distributer of supplies for swimming pools cut its profit estimate for the year because cool, wet weather hurt sales.

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