Wednesday’s biggest gaining and declining stocks

Crocs, Elbit Imaging, Textron, Urban Outfitters, Youku

Advancers

Crocs Inc.’s (NASDAQ:CROX)  shares rose 16.4% after the plastic-shoe maker forecast fourth-quarter revenue above Wall Street’s expectations.

NYSE deal nears collapse

The proposed merger of the owners of the New York Stock Exchange and Germany's Deutsche Börse is headed toward collapse, with European antitrust regulators expected to block the deal. Photo: AP

Eastman Kodak Co. (NYSE:EK)  shares rallied 36% after the photography icon filed suits against Apple and Taiwan’s HTC, alleging patent infringement.
Elbit Imaging Ltd.’s (NASDAQ:EMITF)  U.S.-listed shares jumped 27.5% after the Israeli company said it would sell 47 shopping centers in the United States for $1.43 billion.
Textron Inc.’s (NYSE:TXT)  shares climbed 5.7% after Reuters cited sources familiar with the situation in reporting the aircraft maker was considering options including spinning off pieces of its business.
Youku Inc.’s (NYSE:YOKU)  U.S.-listed shares gained more than 11% after the Chinese Internet-television company said it had reached an agreement with Twentieth Century Fox Home Entertainment (NASDAQ:NWSA)   (NASDAQ:NWS)  to license 250 films.

Decliners

Assurant Inc.’s (NYSE:AIZ)  shares lost 6% after The Wall Street Journal reported the insurer is among those being investigated by the New York Department of Financial Services for possibly charging excessive fees.
Franklin Resources Inc.’s (NYSE:BEN)  shares slid 5% after the mutual-fund manager said assets under management fell last month.
Hill-Rom Holdings Inc.’s (NYSE:HRC)  shares shed 11.6% after the hospital-equipment maker cut its fiscal 2012 outlook.
Urban Outfitters Inc.’s (NASDAQ:URBN)  shares fell 18.6% after Citi Investment Research downgraded the clothing retailer to sell from buy, one day following the resignation of its chief executive.
Supervalu Inc.’s (NYSE:SVU)  shares declined 12.5% after the grocery-store operator lowered its yearly sales forecast.

• By Kate Gibson, MarketWatch
  NEW YORK (MarketWatch) — Shares of the following companies made notable moves in Wednesday’s U.S. stock market: