Midday Movers: AAPL, MHP, TWC & More
Take a look at some of Monday's midday movers:
Apple moved higher after it said it sold a better-than-expected 3 million iPad minis over the weekend.
McGraw-Hill lost ground after reporting weaker-than-expected third-quarter earnings.
BioMarin soared after it said a late stage study for its rare-disease drug GALNS met its primary goal, enabling it to file for U.S. Food and Drug Administration approval in first quarter of 2013.
KBW moved higher after Stifel Nicolaus said it would acquire the brokerage firm for $575 million in cash and stock, or about $17.50 a share.
Utility stocks, including Exelon, Williams Cos., First Energy, Southern Co., and Public Service Enterprise Group continued to fall in the wake of the devastation caused by Super Storm Sandy. (Read More: Con Ed Restores Power to 80%, but Storm Looms)
Time Warner Cable slid after the company missed Wall Street third-quarter earnings estimates as it lost more video subscribers than expected.
E*Trade Financial gained ground as it announced plans to sell $1.3 billion of fresh debt.
Ryanair rose after Europe's biggest budget airline raised its full-year profit forecast.
Netflix was little changed after it adopted a stockholder rights plan.
Aeropostale gained ground after FBR upgraded the teen retailer based on valuation.
Thompson Reuters fell after TD warned to stay away from the stock for the next 12 to 18 months.
Transocean moved higher after the oil services company reported better-than-expected third-quarter earnings.
Corinthian Colleges lost ground after the U.S. Department of Education gave it a failing financial responsibility score, which the company needed for its students to get easy access to federal loans.
Walgreen fell after ISI Group said the retailer's October same-store sales were disappointing.
Health Net moved higher after Goldman Sachs said its results showed great improvement after a difficult first quarter.
Radian Group lost ground after Barron's said the mortgage insurer's balance sheet left a lot to be desired.
(Read More: See CNBC's Market Insider Blog)
—By CNBC's Rich Fisherman.
Questions? Comments? Email us at marketinsider@cnbc.com
