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. 
0Comments

DATA PROVIDERS

Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

STOCK SCOUTER

StockScouter rates stocks from 1 to 10, with 10 being the best, using a system of advanced mathematics to determine a stock's expected risk and return. Ratings are displayed on a bell curve, meaning there will be fewer ratings of 1 and 10 and far more of 4 through 7.

109
109 rated 1
276
276 rated 2
421
421 rated 3
629
629 rated 4
511
511 rated 5
538
538 rated 6
686
686 rated 7
507
507 rated 8
331
331 rated 9
109
109 rated 10
12345678910

Top Picks

SYMBOLNAMERATING
KOGKODIAK OIL & GAS Corp10
UPLULTRA PETROLEUM Corp10
TAT&T Inc9
COPCONOCOPHILLIPS9
DVNDEVON ENERGY CORPORATION9
More

VIDEO ON MSN MONEY

ABOUT

Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.

Contributors include professional investors and journalists affiliated with MSN Money.

Follow us on Twitter @topstocksmsn.