Midday Movers: GE, LMT, PCS & More
Take a look at some of Thursday's midday movers:
General Electric spiked after CEO Immelt says he sees industrial organic revenue growth of about 10 precent, double prior forecast.
Lockheed Martin came off its lows after announcing a 15 percent increase in its quarterly dividend to $1.15 a share.
MetroPCS popped amid rumors the company is seeking suitors.
(Read More: Investors Warned: Step Away From the Kool-Aid)
Discover Financial rose after the credit-card provider posted earnings that beat Wall Street estimates, as more Americans used credit cards.
United Continental fell after the airliner said it expects third-quarter passenger revenue to fall between 1-2 percent.
McCormick lost ground after the packaged-goods company posted revenue that came in below forecasts.
Goodyear Tire gained ground after Goldman Sachs upgraded the company to "buy" from "neutral" and raised its price target to $17 from $14.
Dollar General moved lower after the discount retailer unveiled a 30 million share offering.
HB Fuller slid after the company lowered its full-year revenue estimates, citing a slowdown in the industrial adhesives market.
Campbell Soup moved lower after the canned-soup maker announced it will close two plants and cut 700 jobs.
Texas Industries fell following weaker-than-expected earnings results.
TiVo gained ground after the DVR maker received a contract from U.S. cable operator Mediacom.
Actuant lost ground after the company posted earnings that swung to a loss and revenue guidance fell short of analysts’ forecasts.
Trex moved lower after Stifel Nicolaus downgraded the stock to "hold" from "buy" based on valuation. (Read More: CNBC's Market Insider Blog)
(Read More: CNBC's Market Insider Blog)
—By CNBC's Rich Fisherman.
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