Midday movers: Exxon Mobil, Verizon

Stocks are higher and once again within striking distance of all-time highs after unemployment claims fell last week.

By MSN Money Partner Apr 25, 2013 1:19PM
Wall Street sign copyright Corbis, SuperStocklogoInformation provided by Theflyonthewall.com

3M (MMM) fell over 2% and Exxon Mobil (XOM) slid 1%, making them the Dow's worst performers, following their quarterly reports.

The best-performing blue chip was Verizon (VZ), which rose over 2% after Reuters said the company hired advisers for a possible bid to buy Vodafone's (VOD) stake in their Verizon Wireless joint venture. Though CNBC's David Faber said Verizon hasn't yet made an offer to Vodafone, its shares rose nearly 3%.

Among the many other notable companies reporting earnings last night or this morning, advancers included Akamai (AKAM), Angie's List (ANGI), Royal Caribbean (RCL) and Cabela's (CAB). 

Decliners included Safeway (SWY), Zynga (ZNGA) and Qualcomm (QCOM). 

Among the notable gainers was MPG Office Trust (MPG), which rose over 21% to $3.16 after agreeing to be acquired by Brookfield Office Properties (BPO) for $3.15 per share in cash. 

Among the noteworthy losers was Exide (XIDE), which plunged 24% after a California regulator suspended the operations of its smelter facility. Also lower were shares of Intuit (INTU), which fell almost 13% after the tax prep software company lowered its outlook and its shares were downgraded at JPMorgan, Citigroup and Raymond James. 
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