Monsanto, Alcoa, MetLife, RIM among big movers

Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

Monsanto Co., up $7.26 at $81.44

The world's largest seed maker's quarterly loss narrowed on higher sales, and it lifted its four-year profit outlook on grain demand.

Alcoa Inc., down $2 at $14.71

Profit fell 52 percent for the aluminum maker and it plans to conserve cash by suspending its stock buyback plan and some capital projects.

MetLife Inc., down $9.87 at $27

The life insurer will cut an unspecified number of jobs this month and quarterly results will be hurt by lower investment income and fee revenue.

J.C. Penney Co., down $1.31 at $27.25

September sales in stores open at least a year, a key retail metric, sank 12.4 percent and Penney cut its third-quarter profit outlook.

LDK Solar Co.Ltd., up $2.16 at $21.48

Sales and shipments topped expectations, the solar wafer maker said, raising its quarterly revenue outlook range above estimates.

NASDAQ

Research In Motion Ltd., up $2.55 at $57.60

To take on Apple's popular iPhone, the Blackberry maker plans to launch a touchscreen smartphone, the Storm, before the holidays.

Netgear Inc., down 93 cents at $11.50

Lower demand and shipment delays will cause third-quarter sales to fall short of the networking equipment maker's prior guidance.

Universal Stainless & Alloy Products Inc., down $2.79 at $16.05

The steel products maker cut its profit outlook below analyst estimates partly on lower shipments, and announced a new five-year labor deal.