Market Insider

Midday movers: Starbucks, Twitter, PVH & More

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

General Motors said will be its new CEO, replacing Dan Ackerson next month. Its shares were down nearly 1 percent.

Starbucks fell after ITG Investment Research said its data showed the chain's momentum may have slowed this quarter.

CVS Caremark and Cardinal Health climbed after announcing a joint venture to create the largest generic-sourcing operation in the United States.

Twitter hit an all-time high as it continued to climb after unveiling an advertising product called Tailored Audiences.

Facebook rose on bullish comments from Morgan Stanley.

AbbVie rose after saying a late-stage trial of its experimental hepatitis-C therapy showed a 96 percent improvement rate.

Gilead Sciences declined a day after its own hepatitis-C pill was approved by the FDA.

Johnson & Johnson and Novartis fell after being fined by the European Union for blocking the sale of a cheaper generic painkiller.

gained after guiding fourth-quarter revenue above street forecasts.

PVH climbed after posting better-than-expected third-quarter results.

Burlington Stores fell after the discount-retailer forecast slower growth in same-store sales for the holiday season.

Analogic slid after the biotech reported weaker-than-expected first-quarter results, due to lower sales in its medical imaging unit.

Quest Diagnostics declined after Bank of America/Merrill Lynch cut the stock to underperform.

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—By CNBC's Rich Fisherman.

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