Take a look at some of Friday's midday movers:
Baxter rallied on a Wall Street Journal report that it's in talks to buy Sweden's medical equipment maker Gambro or $4 billion.
Research in Motion moved higher on continued optimism over its soon to be relaunched Blackberry 10.
Hasbro rose on optimism its new Furby doll will be a breakout toy this year.
Molycorp moved higher in the first day of trading since two company insiders increased their stake in the rare earth producer.
Illumina gained ground on continued takeover speculation.
Map Pharmaceuticals rose after the FDA accepted its resubmission of its migraine drug treatment.
Kit Digital plummeted after saying it would restate its earnings results from 2009 to 2012.
Orient Express Hotels moved higher on speculation Indian Hotels would raise its bid for the company.
BP gained ground. The oil company is planning to announce a reorganization of its oil and gas operations.
(Read More: See CNBC's Market Insider Blog)
—By CNBC's Rich Fisherman.
Questions? Comments? Email us at firstname.lastname@example.org