Take a look at some of Monday's midday movers:
Central Garden & Pet (CENT) - The retailer rose after the Harbinger Group (HRG) offered to buy the company for $10 a share. Harbinger alternately offered to purchase just the pet side of business for $750 million in cash.
FMC (FMC) - The chemical company declined after cutting its second-quarter and full-year outlook for earnings.
General Electric (GE) - The conglomerate dropped after sealing a $17 billion acquisition of Alstom (Euronext Paris: ALO-FR)'s energy assets.
Lululemon Athletica (LULU) - The yogawear retailer surged on reports its founder was weighing options and pressing for changes.
Meritor (MTOR) -The transmissions company slid after Eaton (ETN) bypassed a possible $2.4 billion damage claim from Meritor by agreeing to pay $500 million to avoid a jury trial that was scheduled to start Monday.
Tesla Motors (TSLA) - The maker of electric cars gained after Morgan Stanley analysts called the company the most important automaker in the world.
(Read More: See CNBC's Market Insider Blog )
-By CNBC's Kate Gibson
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