Stocks on the move Wednesday

NEW YORK (CNNMoney.com) -- Here are some of the companies whose shares were active in Wednesday trading:

Chico's FAS (up $1.96 to $22.38, Charts) reported a sharp drop in earnings but dispelled worries of another profit warning.

CV Therapeutics Inc (down $3.13 to $9.17, Charts) said late Tuesday that its angina treatment was not effective in a study of patients with acute or long-term heart disease.

DaimlerChrysler (up $0.55 to $69.16, Charts)'s CEO Dieter Zetsche told reporters at the Geneva auto show that it would be difficult to break up Chrysler Group to sell its different brands separately.

El Paso Corp. (up $0.17 to $14.04, Charts) was upgraded by Calyon Securities to "buy" from "neutral," according to Briefing.com.

Kellogg Company (up $0.53 to $49.89, Charts) was upgraded by Goldman Sachs to "buy" from "neutral."

Payless ShoeSource (up $1.63 to $33.04, Charts) posted higher quarterly results late Tuesday and also said it will buy a brand development company.

Saks (up $1.06 to $19.95, Charts) reported a quarterly profit Wednesday morning, reversing a year-earlier loss.

Take-Two Interactive Software (up $2.61 to $20.21, Charts) revealed in a filing that a group of investors including Oppenheimer, SAC Capital, Tudor Investments announced they will seek a change in leadership of the video game company which has seen its stock struggle in the past year.

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