MI Developments Inc. (NYSE: MIM) moved higher by 57.66 percent in price Wednesday to $30.05. Volume of 1,434,751 shares was more than five times its daily average. The company, based out of Aurora, Ontario, announced that its Board of Directors has received a reorganization proposal providing for the elimination of MID’s dual-class share structure.

General Electric Co. (NYSE: GE) traded in 31,770,698 shares Wednesday, giving it a commanding position among volume leaders, though about half of its usual trading prowess. Prices for GE gained 1.63 percent to $18.05. GE Aviation joined Lockheed Martin today to mark the 1000th Dowty advanced propeller system on a C-130J aircraft, in Marietta, Georgia. The C-130J will be delivered to Dyess Air Force Base by year’s end.

CPI Corp (NYSE: CPY) gave up 7.2 percent in price Wednesday to $20.87, on volume of 393,656 shares, or nearly five times its full-day average. Headquartered in St. Louis, CPY provides portrait photography services at approximately 3,000 locations in North America, principally in Sears, Walmart and Babies “R” Us stores.