Midday movers: Microsoft, Rite Aid, Pfizer & more

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Scott Mlyn | CNBC

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

Microsoft - The software company, JPMorgan Chase, Goldman Sachs Group and General Electric led the Dow higher for a second session as the Fed said it would take a patient approach toward raising interest rates.

The technology sector helped fuel the rally, led by Oracle, Salesforce.com, Western Digital and Red Hat.

Accenture - The consulting and outsourcing company rose after it raised its revenue forecast for 2015.

Rite Aid - The drugstore chain gained after it raised its full-year earnings forecast.

Dunkin' Brands Group - The operator of quick-service eateries fell after it issued weak earnings and sales guidance for fiscal 2015.

GlaxoSmithKline - The drug company rose after reporting positive results for its experimental shingles vaccine in a late-stage study. Agenus also rose. It is Glaxo's partner in the drug.

Pfizer - The drug company advanced on positive word for its nerve-pain treatment in a phase 3 trial.

Alcatel-Lucent - The French network-equipment maker rose after a German magazine reported it was in merger talks with Finnish rival Nokia Oyj.

Pantry - The convenience store operator gained after Canadian rival Alimentation Couche-Tard said it would acquire it for about $861 million.

ConAgra Foods - The food company declined after posting weaker-than-expected quarterly results.

Winnebago Industries - The maker of motor homes dropped after it reported a weaker-than-expected first-quarter profit.

(See CNBC's Market Insider Blog)

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