Stocks to Watch: COH, AN, RIMM & More
Take a look at some of Friday's midday movers:
Coach moved lower after rival Michael Kors raised its 2012 guidance. Coach is also launching a 25 percent discount promotion in department stores this weekend.
AutoNation hit an all-time high amid an upgrade to "buy" from "hold" from Bank of America/Merrill Lynch.
Research In Motion fell after experiencing outages in Europe, Middle East and Africa for several hours. The company later said all services have been restored.
Packaging stocks, including Int'l Paper, Rock-Tenn, Packaging Corp, and KapStone surged on expectations that they will be able to raise prices on containerboards.
Homebuilders, including Lennar, DR Horton, Pulte, Toll Brothers and Ryland all gained ground on KB Home’s strong third-quarter results.
Western Asset Mortgage Capital gained ground after more than doubling its quarterly dividend to 85 cents a share.
Blyth plummeted as Moody’s Investors Service lowered its outlook on the candle and home fragrance maker.
ViroPharma rose after the FDA lifted its hold on its hives drug. Halozyme Therapeutics , which provides technology for the drug, soared on the news.
Astex Pharmaceuticals fell after the cancer drugmaker said it would end development of its lung cancer drug.
Molina moved higher as Susquehanna upgraded the Medicaid insurer to "positive" from "neutral" on expectations of its long term earnings growth.
—By CNBC's Rich Fisherman.
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