Midday movers: Lowe's, Tyson Foods

Stocks are sharply higher as sales of existing homes rise in October and a gauge of homebuilder sentiment climbs to a 6-year high in November.

By MSN Money Partner Nov 19, 2012 2:59PM
Image, Wall Street sign copyright Corbis, SuperStocklogoInformation provided by Theflyonthewall.com

Lowe's (LOW) reported earnings per share with charges that met expectations and revenue that beat consensus, sending shares up 7%.

Among the notable stock market gainers Monday was Tyson Foods (TSN), up 8.5% after beating quarterly expectations, raising its regular dividend and declaring a special dividend. 

Also higher were shares of BioMimetic Therapeutics (BMTI), up 75% after striking a deal to merge with Wright Medical (WMGI). Wright moved fractionally lower following the announcement. 

Among the other market losers was Aruba Networks (ARUN), which retreated a bit over 1% after Cisco (CSCO) bought Meraki, a competitor to Aruba.
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