Take a look at some of Thursday's midday movers:
CIT surged after the middle-market lender announced the termination of a written agreement with the Federal Reserve Bank of New York. Termination of the agreement allows CIT greater latitude regarding its capital plans and risk management.
Peabody Energy moved off its highs of the session after Carl Icahn denied that he owned the stock and said that he doesn't intend to buy any shares.
Plum Creek Timber was lower as its 10-day moving average moved below its 30-day moving average.
—By CNBC's Lori Spechler
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