Midday movers: General Motors, Yahoo & More
Take a look at some of Monday's midday movers:

Hertz Global Holdings - Shares of the car-rental company gained 5 percent after The Financial Times reported Hertz planned to spin off its construction equipment rental division, citing people with knowledge of the matter.

Yahoo - The online-search engine jumped 4 percent after Chinese e-commerce site Alibaba said it would begin the process of launching an initial public offering in the U.S. later this year. Yahoo owns a 24 percent stake in Alibaba.

General Motors - Shares of the auto manufacturer ticked slightly higher after GM said it would incur a $300 million first-quarter charge to over costs associated with an ignition-switch problem and other recall costs.

