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Stocks to Watch: White Mountains, Staples and More...

CNBC.com
Wednesday, 18 May 2011 | 10:53 AM ET
Six in 60
Six in 60

Stocks pared losses amid varied earnings reports and ahead of the release of the Federal Reserve's policy meeting minutes this afternoon.

The Dow Jones Industrial Average fell less than 10 points after falling on Thursday amid weak earnings and evidence of a slowing U.S. economy.

Here are six stocks that are on the move:

White Mountains Insurance
The insurance company was trading at a 52-week high on news it is entering into an agreement to sell its e-surance and Answer financial businesses to Allstate for about $1 billion.

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Staples
The office supply retailer missed first quarter profit estimates and also cut its profit outlook for the year.

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Yum Brands
The fast food holding company was trading at all-time highs Wednesday.

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Trina Solar
The solar products manufacturer was downgraded to hold from buy at Soleil Securities, the firm cutting the company's price target to $23 from $38.

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Abercrombie & Fitch
The clothing retailer posted a first-quarter profit and gained market share from rivals in both domestic and international markets.

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Metro PCS
The communications company was trading at highs not seen in two years.

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