Disney, PetroChina, Williams-Sonoma are big movers

Disney, PetroChina, Williams-Sonoma, Chesapeake Energy are among big market movers

Associated Press

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

NYSE

PetroChina Co. Ltd., up $7.07 at $131.38

The oil and gas company said it will buy the 40 percent interest it didn't own in a Canadian oil sands project for $673 million.

Chesapeake Energy Corp., up $1.31 at $23.60

The oil and gas company said it will sell part of its Ohio business to a unit of French energy company Total SA for $2.32 billion.

Williams-Sonoma Inc., down $1.56 at $36.94

A Janney Capital Markets analyst lowered his rating for the home goods retailer, saying it needs to broaden its customer base.

Walt Disney Co., up 81 cents at $38.31

A Caris analyst said that the entertainment company's stock is one of its top picks for 2012 based on advertising strength at ESPN.

Marriott International Inc., up 83 cents at $30

Nomura Equity Research named the hotel operator's stock as one of its top picks for 2012 and said its price could reach $38.

Under Armour Inc., up 39 cents at $72.18

A Baird analyst upgraded the athletic clothing and shoe company's stock based on the company's strong product pipeline.

Nasdaq

Deckers Outdoor Corp., up 85 cents at $76.42

A Jefferies analyst said the footwear company's stock is a "favorite" for 2012, saying that he expects growth at its UGG brand stores.

Aveo Pharmaceuticals Inc., down $3.37 at $13.83

Investors were disappointed that the drugmaker's potential treatment for advanced kidney cancer missed their expectations.

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