Midday Movers: GOOG, C, LLY & More
Take a look at some of Monday's midday movers:
Citigroup gained ground after posting third-quarter earnings that topped expectations.
Eli Lilly rose after positive results from its cancer drug trial.
Abbott Labs moved higher after a new study showed its hepatitis C drug suppressed the virus in 99 percent of patients with the liver disease.
Hasbro slid after Goldman downgraded the toymaker. Mattel and Jakks Pacific fell in sympathy.
Texas Instruments jumped after an Israeli newspaper report that the chipmaker is in advanced talks to sell its mobile-chip unit to Amazon.
Clearwire rose on news that Softbank was buying Sprint Nextel for $20 billion. Analysts believe it will now be easier for Sprint to take control of Clearwire.
Gannett lost ground despite reporting better-than-expected third-quarter revenue. Evercore said it thinks investors were looking for a bigger upside after the stock ran-up 26 percent over the past three months.
Costco moved higher after BMO upgraded the stock to "market perform" from "underperform."
Celgene fell after Oppenheimer downgraded the stock to "perform" from "outperform." This on concerns about future acquisitions.
Intersil gained ground after Stifel Nicolaus boosted the chipmaker to "buy" while establishing a $10 price target.
Titan rose after Jefferies upgraded the heavy vehicle tire maker to "buy" while reiterating its $23 price target.
Alliant Techsystems moved higher after FBR upgraded the company to "outperform" from "market perform."
(Read More: CNBC's Market Insider Blog)
—By CNBC's Rich Fisherman.
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