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Midday Movers: HNZ, CAG, RAH & More

Take a look at some of Friday's midday movers:

Heinz moved lower despite accelerating its 51.5 cent quarterly dividend from January to December.

Conagra moved higher after Jefferies upgraded the stock to "buy" from "hold," saying its acquisition of Ralcorp was a game changer.

Lockheed Martin rose after news it had reached agreement with the Pentagon to build new block of 32 F-35 Joint Strike fighters.

Ulta Salon Cosmetics and Fragrance jumped after Wells Fargo upgraded the stock to "outperform" in the aftermath of the company's better-than-expected quarterly results and solid current-quarter outlook, saying it was impressed with its store opening plans.

VeriSign was slammed after the website registry operator lost certain rights to increase prices under a new agreement with the Commerce Department.

Christopher & Banks gained ground after the women's clothing retailer posted a quarterly profit.

Brown Forman fell after Goldman Sachs downgraded the stock to "sell" from "neutral," based in valuation.

Active Network rose after Bank of America/Merrill Lynch upgraded the stock to "buy" from "underperform."

Clearwire Corporation moved higher amid renewed speculation Sprint will buy the company.

Exelixis moved lower after receiving approval from the FDA for its cancer drug Cometriq that only covers a rare form of thyroid cancer. JPMorgan said the number of eligible patients is less than half of what was previously thought.

Genesco slid after the retailer's CEO said November sales dipped in November, partly because of Superstorm Sandy.

(Read More: See CNBC's Market Insider Blog)

—By CNBC's Rich Fisherman.

Questions? Comments? Email us at marketinsider@cnbc.com

  • Patti Domm

    Patti Domm is CNBC Executive Editor, News, responsible for news coverage of the markets and economy.

  • A CNBC reporter since 1990, Bob Pisani covers Wall Street from the floor of the New York Stock Exchange.

  • CNBC Personal Finance Correspondent

  • JeeYeon Park is a writer for CNBC.com. Follow her on Twitter: @JeeYeonParkCNBC

  • Rick Santelli joined CNBC Business News as an on-air editor in 1999, reporting live from the floor of the Chicago Board of Trade.

  • Senior Producer at CNBC's Breaking News Desk.