Midday movers: Family Dollar Stores, Target & More
Take a look at some of Tuesday's midday movers:
Abercrombie & Fitch - The retailer rose after Jefferies added it to its 'franchise-pick' list, and reiterated its buy recommendation.
Actavis - The maker of generic drugs declined after its full-year forecast missed consensus views.
Allergan - The Botox maker fell after a proxy advisory recommended shareholders support a special meeting to aid Valeant Pharmaceuticals International's bid to take over the company.
Bloomin' Brands - Shares dropped after restaurant chain cut full-year guidance.
Cablevision Systems - The cable company declined after reporting losses doubled in the second quarter from the first.
Emerson Electric - The maker of power-supply systems fell after posting weaker-than-expected third-quarter results.
Family Dollar Stores - The discount retailer spiked after Bloomberg reported Dollar General is exploring a bid to counter Dollar Tree's $8.5 billion offer.
Gentiva Health Services - The provider of hospice care rose after posting a better-than-expected quarterly profit.
MGM Resorts International - The casino operator declined after reporting less-than-expected results from Macau.
Ocwen Financial - The mortgage-loan originator fell after Oppenheimer downgraded the stock to perform from outperform.
Regeneron Pharmaceuticals - The drug maker climbed on better-than-expected quarterly earnings.
Target - The discount retailer dropped after cutting its second-quarter forecast, citing costs related to its security breach.
Whole Foods Market - The grocery chain rose on rumors that billionaire activist Carl Icahn had an interest in the grocery chain.
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—By CNBC's Rich Fisherman.
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