JPMorgan Chase, CSX, Intel, Bank of America among big market movers Wednesday

JPMorgan Chase, CSX, Intel are big movers

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

NYSE:

JPMorgan Chase & Co., up $1.86 at $47.73

The bank posted a $3.3 billion quarterly profit, up 57 percent from a year ago, and is seeing signs of recovery in slowing loan defaults.

CSX Corp., up $2.18 at $55.46

The railroad sees double-digit earnings growth and increasing shipments in 2010, regaining ground lost during the recession.

Bank of America Corp., up 73 cents at $19.40

Former Northrop Grumman CFO Charles Noski will become the bank’s newest chief financial officer on May 11.

Orbitz Worldwide Inc., up 23 cents at $7.51

Moody’s Investors Service raised the online travel site’s ratings, citing improved liquidity and the growth anticipated in the travel industry.

NASDAQ:

Intel Corp., up 75 cents at $23.52

The chip maker made $2.4 billion and increased revenue in the first quarter as companies begin to upgrade employees’ computers.

Hot Topic Inc., up $1.10 at $9.58

CEO Betsy McLaughlin said the teen retailer was broadening its merchandise assortment and the core business was improving.

Dialysis Corp. of America, up $4.69 at $11.21

Privately held U.S. Renal Care is buying the dialysis services provider for about $112 million, or $11.25 per share.

Kulicke and Soffa Industries Inc., up $1.51 at $9.37

The chip manufacturing equipment company said sales in the second and third quarters would surpass analyst expectations.