Take a look at some of Wednesday's midday movers:
Comcast, Time Warner Cable, Charter Communications and Cablevision all moved higher as FCC Commissioner Tom Wheeler detailed his net neutrality plans that will not include rate regulations, tariffs, or last-mile unbundling.
Ralph Lauren plummeted on weaker than expected third quarter results. It also trimmed its 2015 revenue forecast. But it did raise its quarterly dividend 11% to 50 cents a share.
Apple hit a record high. It's up over 65% over the past year.
Clorox moved higher after the consumer products company reported better than expected second quarter results and boosted its outlook for the year.
Abbvie and Achillion fell after Gilead announced higher than expected discounts to its hepatitis c drug.
Kohl's gained ground after the retailer raised its earnings guidance for the year.
GlaxoSmithKline traded higher after it was reported the drug maker hired Citi, Goldman and Morgan Stanley as adviser as it explores a partial IPO of its HIV medicines unit.
Boston Scientific rose after posting better than expected fourth quarter earnings. It did miss on revenues however.
Cognizant moved higher after its fourth quarter revenue rose more than expected. The I-T services provider also forecast a pickup in annual revenue growth as healthcare and financial services clients in North America boost spending.
Exxon Mobil, Chevron, Hess and BP declined as oil prices fell. United, Delta, American and Southwest rose on the news.
Motorola Solutions climbed after the maker of walkie-talkies and radio systems reported better than expected quarterly earnings.
Zoetis traded higher on news the company appointed William Doyle, a member of Pershing Square Capital Management's Investment Team, to its Board of Directors.
Petrobras moved a bit higher as its CEO and other senior executives resigned amid an ongoing corruption scandal.
Calix plummeted after the network gear maker reported a fourth quarter loss on a 13% fall in revenue.
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—By CNBC's Rich Fisherman.
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