Heinz, UBS, Williams-Sonoma are big market movers

NEW YORK (AP) ? Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:


H.J. Heinz Co., down 60 cents at $51.44

The ketchup maker’s adjusted profit grew, thanks to sales in emerging markets, but its earnings outlook for 2012 disappointed.

PharMerica Corp., up $2.96 at $13.89

Omnicare Inc. went public with a $457 million, $15 per share, offer for the pharmacy management services company.

Williams-Sonoma Inc., down 59 cents at $29.44

Online and international sales helped lift the housewares chain’s quarterly profit. The company increased its outlook for the year.

UBS AG, up 69 cents at $13.88

The Swiss bank plans to cut 3,500 jobs worldwide, more than 5 percent of its work force, to reduce $2.5 billion in costs.

Medtronic Inc., up $1.92 at $33.10

The world’s biggest medical device maker said challenges in two of its biggest businesses hurt its quarterly profit.


Corinthian Colleges Inc., down 15 cents at $1.96

Quarterly net income shrank 90 percent as student enrollment fell. The education company expects a loss in the current quarter.

Universal Display Corp., up $5.90 at $40.66 The company, which develops organic light-emitting materials, struck a long-term licensing and supply deal with Samsung.

Juniper Networks Inc., up $1.18 at $20.90

Morgan Keegan upgraded the maker of data network equipment because of its healthy cash balance and new products.