Midday Movers: DELL, FCX & More

Market Insider | What's Shaking | Stocks to Watch

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

Dell spiked up and then retreated after CNBC reported that software giant Microsoft was in talks to invest $1 billion to $3 billion as part of a potential leveraged buyout of Dell.

Freeport-McMoran Copper & Gold rallied after CEO Richard Adkerson said shareholders would not get a vote on its planned acquisitions of two oil and natural gas companies.

Google fell below its 50-day moving average ahead of the search giant's fourth-quarter results expected after the closing bell.

Coach also fell ahead of its quarterly earnings report Wednesday morning. Meanwhile, CLSA cut the luxury retailer to "outperform" from "buy" with a price target of $71, down from $79 per share.

Western Digital rose ahead of its earnings report Wednesday. In addition, the data storage provider is expanding its product portfolio to address the needs of small and medium-sized businesses.

Regions Financial gained after reporting a fourth-quarter profit. The regional lender was helped this quarter by favorable comparisons to its year ago report and a large write-down related to the sale of its brokerage unit.

There were over 60 new S&P 500 stocks hitting 52-week highs including Dow component Travelers, Mattel, Goldman Sachs and Kroger.

And several stocks also hit new all-time highs including American Tower and Sherwin-Williams. Hershey, the chocolate-maker traded at its highest price since at least 1947.

—By CNBC's Lori Spechler

Questions? Comments? Email us at marketinsider@cnbc.com

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