Market Insider

Midday movers: General Electric, Eli Lilly & More

NYSE EuroNext flag hangs outside the NYSE.
Adam Jeffery | CNBC

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

Anadarko Petroleum - The independent energy exploration company jumped on takeover speculation.

Bancorp - The bank fell after BTIG and Sterne Agee downgraded the stock to neutral from buy.

DigitalGlobe - The provider of satellite imagery rose climbed after saying the government had approved its request to sell higher-resolution satellite images.

Eli Lilly - The drug manufacturer edged lower after its recently approved stomach cancer drug failed in a liver cancer trial.

Elizabeth Arden - The cosmetics company rose after dealReporter commented on a possible bid from Korean LG Household.

Exelon - The utility and others including PPL, FirstEnergy and Wisconsin Energy fell as investors took profits.

General Electric - The infrastructure and financial services company fell after Germany's Siemens and Japan's Mitsubishi Heavy Industries said they have joined forces for a possible bid for some assets of France's Alstom, blocking GE's bid.

GlaxoSmithKline - The drug developer and Theravance rose after announcing positive data from two phase III studies.

H&R Block - The tax preparer advanced after posting better-than-expected fourth-quarter results.

Hilton Worldwide Holdings - the hotel chain fell on Blackstone Group's plan to trim its stake by as many as 103.5 million shares.

Lululemon Athletica - The provider of yoga apparel fell after its founder and biggest shareholder criticized the company's board.

Marriott International - The hotel chain fell after Macquarie downgraded the stock to neutral from outperform.

Marvell Technology Group - The circuit maker rose after Nomura upgraded the stock to buy from neutral.

United Continental Holdings - The carrier and others including Delta Air Lines, American Airlines Group, Alaska Air Group and JetBlue Airways declined, pressured by German airliner Lufthansa's profit warning.

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—By CNBC's Rich Fisherman.

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