GO
Loading...

Midday movers: Boeing, J.M. Smucker, Lowe's & more

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

Boeing - Shares of the plane manufacturer and Dow component fell after Oppenheimer downgraded its shares to perform from outperform.

J.M. Smucker - Shares of the maker of Folgers coffee and Jif peanut butter declined sharply after it reported softer-than-expected quarterly revenue.

J.C. Penney Co. - The retailer's shares rallied after it reported a steeper net loss but called November sales "encouraging" so far.

Lowe's Companies - The home-improvement retailer's shares declined after it reported less-than-expected quarterly earnings and offered a disappointing fiscal-year forecast.

Vertex Pharmaceuticals - The developer of small-molecule drugs rallied after it said it would sell its product royalty rights for a hepatitis C treatment for $152 million to a subsidiary of Johnson & Johnson.

Yahoo - Shares of the online-search engine rose after it increased its stock-repurchase program by $1 billion.

(Read More: See CNBC's Market Insider Blog)

—By CNBC's Kate Gibson.

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

  • Patti Domm

    Patti Domm is CNBC Executive Editor, News, responsible for news coverage of the markets and economy.

  • A CNBC reporter since 1990, Bob Pisani covers Wall Street from the floor of the New York Stock Exchange.

  • CNBC Senior Commodities Correspondent and Personal Finance Correspondent

  • JeeYeon Park is a writer for CNBC.com. Follow her on Twitter: @JeeYeonParkCNBC

  • Rick Santelli joined CNBC Business News as an on-air editor in 1999, reporting live from the floor of the Chicago Board of Trade.

  • Senior Producer at CNBC's Breaking News Desk.