Midday Movers: MET, MS, RSH & More
Take a look at some of Tuesday's midday movers:
Financials led the market higher. MetLife was the biggest gainer after the financial services company raised its dividend by 48.6 percent to 27.5 cents per share from 18.5 cents per share.
Morgan Stanley was also a market leader after the banking giant was upgraded to "buy" from "neutral" at SunTrust Robinson Humphrey, while the price target was raised to $25 per share.
RadioShack was higher after the consumer electronics retailer reported a bigger-than-expected quarterly loss. Analysts attributed the move to optimism over the retailer's new management team and nearly $1 billion in liquidity.
Tesoro was higher after the independent refiner announced a joint venture with Savage Companies to construct and operate a crude-by-rail unloading and marine loading facility at Port of Vancouver.
On the downside, utilities stocks lagged including Sempra Energy, which was downgraded after-the-bell Monday to "neutral" from "buy" at ISI Group.
Yum Brands was lower ahead of the company's quarterly earnings report after the bell.
And gold miner Newmont Mining hit another 52-week low as the price of gold futures slid.
—By CNBC's Lori Spechler
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