Seagate, Ford, Liz Claiborne Are Big Movers

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

NYSE

Seagate Technology, down 36 cents at $6.98

The maker of hard drives cut 1,100 jobs, 2.5 percent of its workforce, as part of a restructuring aimed at saving $125 million a year.

Ford Motor Corp., down 5 cents at $4.96

Shares of the auto maker declined again after it annoucing a public stock offering of 300 million shares.

Liz Claiborne Inc., down $1.51 at $4.26

Restructuring charges and sliding sales due to low store traffic caused the apparel maker's loss to balloon in the first quarter.

MGM Mirage, down $3.70 at $8.70

The casino operator said it would raise $2.5 billion through stock and bond offerings to pay down some of its $14 billion-plus in debt.