Shoe Carnival gained after it declared a $1 a share special cash dividend. It kept its quarterly dividend at 5 cents a share.
Aetna rose after reaching a $120 million settlement over reimbursements.
Avon moved higher on speculation that Coty is coming back with a takeover offer.
Deckers Outdoor moved higher on renewed takeover speculation.
Freeport McMoRan rebounded after Oracle Investment Research gave the company a "strong buy" recommendation, calling the recent selloff an opportunity to participate in a commodity cycle upswing. Oracle put a $60 price target on the stock.
Gulfport Energy moved lower after Stifel Nicolaus downgraded the stock to "hold" from "buy."
Amarin lost ground after it said it will begin hiring a sales force to launch its cholesterol-reducing fish oil pill, disappointing investors who thought it would have a partner by now.
Geo Group jumped after the company's board authorized the private-prison operator to divest certain health-care assets as it moves to converting itself to a REIT by 2013. It will also pay a special dividend of $5.68 a share.
Analogic fell on weaker-than-expected first-quarter earnings.
Comtech Telecommunications moved lower after its first-quarter earnings fell 41 percent on weaker sales. The maker of advanced communications systems also lowered its full-year outlook.
(Read More: See CNBC's Market Insider Blog)
—By CNBC's Rich Fisherman.
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