Market Insider

Midday Movers: GE, LMT, PCS & More


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

General Electric spiked after CEO Immelt says he sees industrial organic revenue growth of about 10 precent, double prior forecast.

Lockheed Martin came off its lows after announcing a 15 percent increase in its quarterly dividend to $1.15 a share.

MetroPCS popped amid rumors the company is seeking suitors.

(Read More: Investors Warned: Step Away From the Kool-Aid)

Discover Financial rose after the credit-card provider posted earnings that beat Wall Street estimates, as more Americans used credit cards.

United Continental fell after the airliner said it expects third-quarter passenger revenue to fall between 1-2 percent.

McCormick lost ground after the packaged-goods company posted revenue that came in below forecasts.

Goodyear Tire gained ground after Goldman Sachs upgraded the company to "buy" from "neutral" and raised its price target to $17 from $14.

Dollar General moved lower after the discount retailer unveiled a 30 million share offering.

HB Fuller slid after the company lowered its full-year revenue estimates, citing a slowdown in the industrial adhesives market.

Campbell Soup moved lower after the canned-soup maker announced it will close two plants and cut 700 jobs.

Texas Industries fell following weaker-than-expected earnings results.

TiVo gained ground after the DVR maker received a contract from U.S. cable operator Mediacom.

Actuant lost ground after the company posted earnings that swung to a loss and revenue guidance fell short of analysts’ forecasts.

Trex moved lower after Stifel Nicolaus downgraded the stock to "hold" from "buy" based on valuation.

(Read More: CNBC's Market Insider Blog)

—By CNBC's Rich Fisherman.

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