Midday movers: Travelers, Johnson & Johnson

Stocks are mixed on the first day of a compressed and very busy week for earnings.

By MSN Money Partner Jan 22, 2013 1:55PM
 Image, Wall Street sign copyright Corbis, SuperStocklogoInformation provided by Theflyonthewall.com

Among the four Dow members reporting results, Travelers (TRV) led the index with a 2.5% advance following its better-than-expected earnings. Shares of DuPont (DD) and Verizon (VZ) were also higher, but Johnson & Johnson (JNJ) slid 0.5% after its quarterly report.

Among the notable gainers was SeaCube (BOX), up 13.5% to $23.04 after agreeing to be acquired by Ontario Teachers' Pension for $23 per share. 

Also higher were shares of Research In Motion (RIMM), which rose 9.5% after its CEO reportedly said it may license the BB10 operating system and shares were upgraded to Outperform at Scotia Capital. 

Among the noteworthy losers was Arena Pharmaceuticals (ARNA), which sank nearly 9% after the European Medicines Agency asked it to address issues with its anti-obesity drug. 

Also lower were shares of Impax Laboratories (IPXL), which fell almost 8% after the FDA issued a complete response letter regarding its new drug application for a potential symptomatic treatment of Parkinson's disease. 
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