Market Insider

Friday's midday movers: Intuit, Petrobras & more

Trader on the floor of the New York Stock Exchange.
Brendan McDermid | Reuters

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

Brookdale Senior Living moved higher after activist Sandell Asset Management called for the company to separate its real estate portfolio into a REIT. Brookdale responded by saying it would consider the proposal.

Intuit fell after the maker of the popular TurboTax program said it had temporarily halted transmission of state returns, after seeing increases in suspicious filings. The firm said it was working with state governments to resolve the issue.

CBOE moved lower after the operator of the largest U.S. stock-options market reported a lower-than-expected quarterly profit as higher expenses offset a surge in trading volumes.

Petrobras plummeted as the Brazilian state-owned oil company was expected to name a replacement CEO today. The Wall Street Journal reported the successor could be the head of Brazilian bank Banco de Brazil.

Elizabeth Arden fell after the cosmetics company reported a bigger-than-expected 20 percent drop in quarterly revenue, citing lower sales.

Utilities was the biggest laggard in the S&P 500, led by First Energy, Public Service Enterprise Group, AES Corporation and Xcel Energy. The decline came after a strong jobs report that lent weight to the belief that the Fed will hike interest rates in June.

Financials was the biggest gainer in the S&P 500, led by Lincoln National, Regions Financial, Charles Schwab and Bank of America on those interest rate hopes.

Barrick Gold, Newmont Mining, Goldcorp and AngloGold Ashanti all moved lower as gold prices plummeted.