GO
Loading...

Midday movers: Starbucks, Twitter, PVH & More

Tuesday, 10 Dec 2013 | 1:23 PM ET

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

General Motors said Mary Barra, the auto manufacturer's head of global product development, will be its new CEO, replacing Dan Ackerson next month. Its shares were down nearly 1 percent.

Starbucks fell after ITG Investment Research said its data showed the chain's momentum may have slowed this quarter.

CVS Caremark and Cardinal Health climbed after announcing a joint venture to create the largest generic-sourcing operation in the United States.


Twitter hit an all-time high as it continued to climb after unveiling an advertising product called Tailored Audiences.

Facebook rose on bullish comments from Morgan Stanley.

AbbVie rose after saying a late-stage trial of its experimental hepatitis-C therapy showed a 96 percent improvement rate.

Gilead Sciences declined a day after its own hepatitis-C pill was approved by the FDA.

Johnson & Johnson and Novartis fell after being fined by the European Union for blocking the sale of a cheaper generic painkiller.

Broadcom gained after guiding fourth-quarter revenue above street forecasts.

PVH climbed after posting better-than-expected third-quarter results.

Burlington Stores fell after the discount-retailer forecast slower growth in same-store sales for the holiday season.

Analogic slid after the biotech reported weaker-than-expected first-quarter results, due to lower sales in its medical imaging unit.

Quest Diagnostics declined after Bank of America/Merrill Lynch cut the stock to underperform.

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

—By CNBC's Rich Fisherman.

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

  Price   Change %Change
GM
---
SBUX
---
CVS
---
CAH
---
TWTR
---
FB
---
JNJ
---
NOVN
---
BRCM
---
PVH
---
ALOG
---
DGX
---
BURL
---
ABBV
---
GILD
---

Featured

  • 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.

  • Sharon Epperson is CNBC's senior commodities 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.

Executive Edge