Midday movers: Apple, FedEx, GM & More
Take a look at some of Monday's midday movers:
Russian stocks including Qiwi, Mobile Telesystems, Yandex and VimpelCom were hit as worries over the Ukraine intensified. The Market Vectors Russia ETF also fell.
Potash Corp. of Saskatchewan, Agrium and Intrepid Potash rose as they stand to benefit if the Ukrainian crisis leads to economic sanctions against Russia.
Gold prices hit a four-month high as investors sought safe-haven status. Gold miners Newmont Mining, Barrick Gold, AngloGold Ashanti, and Goldcorp also gained.
Airlines including American Airlines Group, Delta Air Lines, United Continental Holdings, JetBlue Airways and Southwest Airlines all declined as a winter storm hit the East Coast, prompting a slew of flights cancellations.
Hertz Global Holdings slipped after delaying its 2013 financial statements.
Toyota Motor fell after reporting February auto sales that were weaker-than-expected. General Motors reported February sales that were a bit better-than-expected, while Ford Motor's results were a little worse.
Apple edged lower after the company announced a partnership with a handful of car makers on a new way to use an iPhone in a car.
Darden Restaurants dropped as the chain projected third-quarter earnings below street forecasts.
FedEx were down after the company said it will raise shipping rates at its freight business by 3.9 percent, effective at the end of the month.
Telephone & Data Systems and United States Cellular gained after JPMorgan upgrades both to overweigh.
Plug Power rose after Cowen boosted its price target.
American Express fell. The company announced a no-annual-fee credit card.
AstraZeneca fell after Merrill Lynch/Bank of America downgraded the drug maker to underperform from neutral.
FireEye dropped. The cybersecurity company said it would sell $1.1 billion in stock.
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—By CNBC's Rich Fisherman.
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