Take a look at some of Thursday's midday movers:
Five Below , the teen discount retailer rose more than 50 percent on its Wall Street debut. Earlier, the company had boosted its IPO price range to $15-$17 from $12-$14.
Express Scripts and Walgreens moved higher after the two companies announced a multi-year pharmacy network agreement. Rivals CVS Caremark and Rite Aid fell on the news.
Safeway fell despite beating analyst estimates on earnings and revenue as gross margin fell due to higher costs. It pressured other supermarket stocks including Kroger, Whole Foods, and Supevalu all lost ground.
Noble moved higher after posting strong results. Fellow drilling contractors Transocean, Diamond Offshore and Atwood Oceanics all gained.
NVR plunged after revenue growth came in below expecations. NVR is one of the nation’s largest homebuilders.
Textron jumped after second-quarter earnings came in well above expectations, boosted by double-digit revenue growth at its Bell helicopters and Cessna units.
Mellanox Technologies soared after the data-storage company reported strong earnings on record breaking revenue.
Skyworks Solutions moved higher after the company reported better-than-expected earnings on a 9-percent jump in revenue. Skyworks designs chip products used in mobile devices.
Cable stocks, including Time Warner, Time Warner Cable, Comcast, Cablevision and Charter Communications rose as private equity firm BC Partners and the Canadian Pension Plan Investment Board announced the acquisition of privately-held U.S. cable operator Suddenlink for $2.5 billion.
Quest Diagnostics and LabCorp both fell as the country’s two leading laboratory-testing providers lowered their revenue forecasts.
PPG Industries rose as it said its plans to merge its chemical business with Georgia Gulf Corp in a $2.1 billion cash-and-stock deal. PPG shareholders will receive 50.5 percent of the shares of the merged company.
Freeport McMoRan gained as its results beat Street expectations despite a 50-percent drop in profit.
Union Pacific also moved higher as its earnings beat Street estimates, boosted by a 7-percent rise in revenues. Union Pacific is the nation’s number one publicly held railroad.
GATX moved higher on strong results. The company leases, operates, and manages assets in the rail and marine markets.
ISIS Pharmaceuticals moved lower after Jefferies downgraded the stock two notches to "underperform" based on valuation.
Swimming pool distributor Pool slumped after sales came in below expectations as warm weather pulled sales forward.
Plexus gained ground after the contract electronics maker posted better-than-expected results.
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