Midday movers: Ross Stores, Intel, PetSmart & More
Take a look at some of Friday's midday movers:

Ross Stores - Shares declined sharply after the discount-designer retailer forecast a holiday-shopping quarter beneath expectations, pointing to intensified competition and discounts.

Biogen Idec - Shares of the drug manufacturer jumped after the company said European regulators had granted its new multiple sclerosis treatment a decade of market exclusivity in the European Union.

Time Warner Cable - Its shares, along with those of Cablevision Systems and Comcast jumped amid reports of possible consolidation in the telecommunications sector.