Take a look at some of Tuesday's midday movers:
Wells Fargo came off its lows after announcing a 22 cent quarterly dividend and 200 million stock buyback.
UPS moved higher despite a drop in profit and revenue that came in below Street forecasts. The company did, however, slightly raise its outlook.
(Read More: Dangerous Point in Market?)
ARM Holdings gained after the company said smartphone royalties helped boost earnings above forecasts.