Take a look at some of Thursday's midday movers:
Best Buy continued to rally as talks to take the company private continued to grow.
Health care stocks were mixed following the Supreme Court’s sharply divided decisionto uphold the centerpiece of President Obama’s health care reform that requires most Americans to get insurance by 2014 or pay a financial penalty.
Health care insurers were lower. United Health,Wellpoint,Cigna,Aetna, and Humana moved to the downside.
Hospital operators were higher. HCA Holdings,Tenet Healthcare,Universal HealthServices,Health Management Associates, and Community Health Systems all gaining ground.
Medicaid stocks were higher. Amerigroup,Centene,Molina Healthcare, and Well Care HealthPlans all to the upside.
Drug stocks were lower. Pfizer,Eli Lilly,Bristol-Myers Squibb,Merck, and GlaxoSmithKline all losing ground.
Medical Device makers also lower. Medtronic,Boston Scientific,Stryker. and NuVasive all to the downside.
Restaurant stocks also took a hit. Industry groups said the insurance coverage mandate will cost them a lot of money in labor expenses. Higher costs for franchise chains cold make it more difficult to buy or build more locations. Chipotle ,Panera Bread ,Yum Brands , and Starbucks were all lower.
JPMorgan eased off its lows after CNBC reported that the bank's losses will likely be in the $4 billion to $6 billion range, less than the $9 billion initially reported by the New York Times. Still, other financials including Goldman Sachs,Morgan Stanley,Wells Fargo, and Citigroup were still lower.
European banks, including Barclay’s,UBS,Royal Bank of Scotland, and HSBC fell after British regulators escalated their probe into the manipulation of a key interest rate. Barclay’s has already been fined $453 million for manipulating the Libor rate.
Vertex Pharmaceuticals fell amid investor skepticism that the results of its combination Cystic Fibrosis treatment were not as strong as they looked.
Tahoe Resources was slammed on a new Guatemalan constitutional amendment which would give the government significant stakes in companies who perform mining operations there. Later Tahoe denied reports of the Guatemala law change.
AOL was higher following an announcement that its starting a $400 million modified dutch auction to repurchase shares of its stock
Yahoo and Clear Channel were a bit lower after the two announced they were teaming up. Yahoo to carry nearly a dozen live events annually put on by Clear Channel, including exclusive live video of its iHeart Radio Music Festival.
CoreLogic jumped after the provider of information, analytics and business services boosted its fiscal 2012 earnings and sales outlook.
Curtiss-Wright lost ground after the aerospace and defense component maker cut its second quarter and full year earnings outlook, citing restructuring costs and unanticipated investments in China.
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