Market Insider

Midday movers: Intuit, Wal-Mart Stores, 3M

Adam Jeffery | CNBC

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

Brookdale Senior Living - Shares of the provider of assisted living services gained along with those of Emeritus after the former agreed to buy the latter for about $1.4 billion in an all-stock deal.

Charter Communications - Shares fell after the provider of cable and internet services posted fourth-quarter revenue below expectations.

Intuit - The maker of tax preparation software rose after it hiked its third-quarter earnings forecast.


Safeway - Shares of the grocery store operator spiked after Reuters reported Safeway was in advanced discussions with Cerberus Capital Management over a leveraged buyout agreement.

Valmont Industries - Shares dropped after the fabricated metals producer posted weaker-than-expected fourth-quarter earnings and guided first quarter and 2014 earnings below estimates.

Isis Pharmaceuticals - Shares rose after the company reported positive data for its experimental treatment for spinal muscular atrophy in children.

3M - Shares edged higher after the diversified technology company agreed to acquire Treo Solutions, a provider of data analytics and business intelligence to healthcare payers and providers, for an undisclosed amount.

Dish Network - The satellite TV company rose after reporting a 38 percent rise in fourth quarter profit.

Wal-Mart Stores - Shares of the discount retailer fell after Stifel Nicolaus downgraded the stock to hold from buy.

Starwood Hotels & Resort Worldwide - The operator of hotels and resorts rose after it said it would pay a special dividend of 65 cents a share for the next four quarters.

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—By CNBC's Rich Fisherman.

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