Midday Movers: BBY, TOL, MOS & More
Take a look at some of Tuesday's midday movers:
Best Buy lost ground after reporting weaker than expected third-quarter earnings.
Homebuilders, including Toll Brothers, Lennar, DR Horton, Pulte and Hovnanian, rose as October housing starts rose to their highest rate in four years.
Mosaic gained ground on a rumor that it has hired JP Morgan to explore strategic alternatives due to foreign interest in the company.
Interpublic moved higher after it sold its remaining investment in Facebook for $95 million in cash. It paid less than $5 million for the stake in 2005.
Cooper Tire & Rubber fell on reports Apollo Tyres has "put on hold" its plans to acquire the company.
Teavana moved lower on a report that pesticides in their tea leaves exceeded government regulations and, as a result, Starbucks could walk away from buying the company.
Schiff Nutrition fell after Bayer decided not to top Reckitt Benckiser's $1.4 billion, $42 a share bid for the vitamin maker.
Medtronic rose on signs its key heart and spine markets were improving. Its second-quarter earnings matched analysts expectations.
Shoe Carnival slumped after the footwear retailer predicted current quarter earnings below Street forecasts.
Sturm Ruger moved higher after the firearm's maker unveiled a special dividend of $4.50 a share.
Patterson Companies moved lower after the medical supply company's second-quarter earnings fell 7 percent on slowing sales growth. It also lowered its full-year earnings estimate.
(Read More: See CNBC's Market Insider Blog)
—By CNBC's Rich Fisherman.
Questions? Comments? Email us at marketinsider@cnbc.com
