Midday movers: Family Dollar Stores, Target & More

Traders on the floor of the New York Stock Exchange.
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Traders on the floor of the New York Stock Exchange.

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

Abercrombie & Fitch - The retailer rose after Jefferies added it to its 'franchise-pick' list, and reiterated its buy recommendation.

Actavis - The maker of generic drugs declined after its full-year forecast missed consensus views.

Allergan - The Botox maker fell after a proxy advisory recommended shareholders support a special meeting to aid Valeant Pharmaceuticals International's bid to take over the company.

Bloomin' Brands - Shares dropped after restaurant chain cut full-year guidance.

Cablevision Systems - The cable company declined after reporting losses doubled in the second quarter from the first.

Emerson Electric - The maker of power-supply systems fell after posting weaker-than-expected third-quarter results.

Family Dollar Stores - The discount retailer spiked after Bloomberg reported Dollar General is exploring a bid to counter Dollar Tree's $8.5 billion offer.

Gentiva Health Services - The provider of hospice care rose after posting a better-than-expected quarterly profit.

MGM Resorts International - The casino operator declined after reporting less-than-expected results from Macau.

Ocwen Financial - The mortgage-loan originator fell after Oppenheimer downgraded the stock to perform from outperform.

Regeneron Pharmaceuticals - The drug maker climbed on better-than-expected quarterly earnings.

Target - The discount retailer dropped after cutting its second-quarter forecast, citing costs related to its security breach.

Whole Foods Market - The grocery chain rose on rumors that billionaire activist Carl Icahn had an interest in the grocery chain.

(See CNBC's Market Insider Blog)

—By CNBC's Rich Fisherman.

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.

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