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Midday movers: AT&T, DirecTV, Astrazeneca & more

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

AT&T and DirecTV moved lower following the announcement AT&T would buy the satellite TV provider for $48.5 billion in cash and stock. AT&T could walk away from the merger if DirecTV doesn't renew its NFL Sunday Ticket package.

AstraZeneca plummeted and Pfizer rose after AstraZeneca rejected Pfizer's latest offer, this time for $117 billion.

Campbell Soup fell after posting weaker-than-expected quarterly sales and lowered earnings guidance for the year.


World Entertainment Wrestling move lower after opening higher. The company hosted a conference call late morning to discuss the company's 2014 and 2015 business outlook. It declined to provide updated subscriber guidance, saying it was sticking to quarterly guidance.

Altera, Broadcom, Micron, Nvidia, and Texas Instruments advanced after RBC Capital upgraded and lifted price targets on each of the chip stocks.

Ryanair soared after it said strong demand this summer would help lift profits by up to 20 percent this year. This came after the company reported its first decline in profits in five years.

Intermune hit a 52-week high after its experimental drug to treat a fatal lung disorder showed positive results in a late stage trial.

Lifelock plummeted after the fraud and protection services provider temporarily suspended its Lemon Wallet, after it failed to meet the company's security standards.

Walgreen gained ground after denying a report of speeding up its Boots takeover.

DeutscheBank fell on news it asked shareholders for $11 billion in new cash to strengthen its balance sheet.

Credit Suisse moved lower. Reuters reported that the company's guilty plea with the U.S. to pay over $2 billion to resolve charges that it helped Americans avoid paying taxes would be announced after the market close Monday.

Disney gained ground on news it was increasing ticket prices at Disneyland to almost $100 dollars for a single day pass.

Johnson Controls rose on news it agreed to sell its auto interiors business to a joint venture its forming with a unit of China's biggest automaker.

Delphi gained ground after being added to the "best ideas" list at Morgan Stanley, which also increased its price target to $85 from $62.

Gogo moved higher after UBS upgraded the stock to "buy" from "neutral," citing valuation.

Abbott Labs climbed after the company said it would acquire Chile's CFR Pharmaceuticals for $2.9 billion that will more than double its branded generic business in Latin America.

—By CNBC's Rich Fisherman.

  • 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.