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Midday movers: Angie's List, Deere, McDonald's & more

Trader on the floor of the New York Stock Exchange.
Getty Images
Trader on the floor of the New York Stock Exchange.

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

Angie's List - The online provider of local reviews of providers of home, health and car services came off its lows after it disclosed in a regulatory filing that it had cut its sales force by 97 employees.

Deere - The maker of farming equipment fell as it laid off 460 workers due to weak demand. Macquarie downgraded the stock to underperform from neutral.

Exxon Mobil - The oil producer and rivals ConocoPhillips, Chevron, Anadarko Petroleum and Royal Dutch Shell fell along with the price of crude.

58.com - China's version of Craiglist declined after Morgan Stanley downgraded it to underweight from equal weight.

Keurig Green Mountain - The maker of home brewing systems rose after it signed a deal with Kraft Foods Group to make Kraft brands compatible with its brewing machines.

McDonald's - The fast-food provider fell some after it named former McDonal'ds executive Mike Andres as president of U.S. operations.

Peregrine Semiconductor - The technology company surged after Japan's Murata Manufacturing Co. said it would buy the remaining shares that it does not already own.

Rackspace Hosting - The provider of cloud-computing services rose after JMP Securities made positive comments on its growth prospects.

United States Steel - The steel producer rose after the U.S. International Trade Commission voted to impose anti-dumping duties against steel pipe imports from seven countries.

Valeant Pharmaceuticals International - The drug developer rose as CNBC's David Faber reported it has received the support of more than 30 percent of Allergan's shareholders to call a special meeting.

(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.

  • CNBC 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.