Midday movers: NYSE Euronext, Eloqua, Rite Aid

Stocks are mixed as investors appear to be in a holding pattern until more clarity on the fiscal cliff emerges.

By MSN Money Partner Dec 20, 2012 2:20PM
Wall Street sign copyright Corbis, SuperStockInformation provided by Theflyonthewall.com

Acquisitions in the financial and tech industries sent two stocks up over 30%. IntercontinentalExchange (ICE) agreed to acquire  (NYX) in a stock-and-cash transaction currently valued at $33.12, sending shares of NYSE up 33% to $32.01 and IntercontinentalExchange shares down fractionally.

Also, Oracle (ORCL) struck a deal to buy Eloqua (ELOQ), a provider of cloud-based software, for $23.50 per share, sending Eloqua's stock up 31% to $23.51.

Google (GOOG) agreed to sell its Motorola Home Business for $2.35 billion in cash and stock to ARRIS Group (ARRS). Google shares moved fractionally higher, while ARRIS' stock jumped nearly 5%.

Among the notable gainers were Rite Aid (RAD), up over 15%, and CarMax (KMX), up nearly 9%, following their quarterly reports. Among the noteworthy losers was Amicus Theraputics (FOLD), down about 45% after Leerink cut its price target on shares and Capstone downgraded the stock following the failure of its study of a therapy for Fabry disease. 

Also lower were shares of Allscripts (MDRX), which fell almost 14% after its evaluation of strategic alternatives ended without a sale and its CEO stepped down.
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