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Midday movers: Dow Chemical, Google, Macy's & more

New York Stock Exchange NYSE
Scott Mlyn | CNBC

Take a look at some of Wednesday's midday movers:

Dow Chemical - The chemical maker rose after increasing its quarterly dividend and saying it would repurchase $5 billion in shares.

Macy's - The department-store operator climbed after reporting a 23 percent increase in quarterly earnings.

American Eagle Outfitters - The teen-apparel retailer gained after hiking its third-quarter profit outlook.

Allergan - The Botox maker rose after Bloomberg News reported that it's in acquisition talks with Actavis.

J.M. Smucker - The seller of jelly and packaged coffee declined after offering a disappointing second-quarter outlook.

Tribune Publishing - The newspaper publisher advanced after shareholder Engine Capital urged the company to sell non-core assets and repurchase shares.

Google - The search engine fell after saying its DoubleClick online advertisement service was temporarily hit by an outage that impacted sites including CNBC.com.

American Movil - The provider of telecommunications services declined after AT&T's CEO told an investors conference his company doesn't need to acquire Movil's assets.

Microsoft - The software titan edged lower as it moved to repair a bug in its Windows operating system.

Axalta Coating Systems -The maker of car paint rose in its trading debut.

Flowers Foods - The bakery-goods company dropped after lowering its 2014 guidance.

Canadian Solar - The manufacturer of solar modules declined after its fourth-quarter guidance missed estimates.

Energizer Holdings - The battery maker rose after posting better-than-expected fourth-quarter profits and sales.

(See CNBC's Market Insider Blog)

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