Midday Movers for 2/21: PBH, SSN, HL, ALU, FTR, WFT, DAL, CIE, UAL

Stocks have turned positive in midday trading after being briefly negative earlier today. The Greek bailout and earnings are sending the major indices higher today. The Dow continues to trade close to the 13,000 mark. The last time the Dow was that high was in May of 2008, before the financial crisis sent the U.S. economy spiraling out of control.

Prestige Brand Holdings, Inc. (NYSE:PBH) is up 19.74% today at $16.17. PBH has traded 4.6 million shares so far today, way above its daily average of 260 thousand shares. PBH are rallying today after Genomma Lab announces non-binding proposal to acquire Prestige Brand Holdings for $16.00 a share in cash. The company has a market cap of 816.58 million.

Samson Oil & Gas Limited (AMEX:SSN) is up 14.39% in midday trading at $2.7481. SSN is up on heavy volume today with 2.6 million shares traded today, 3 times its average volume. SSN shares have jumped about $0.60 in the past few days. Oil prices have been increasing over the past week and are now trading well above $100/barrel. The company has a market cap of 239.06 million.

Hecla Mining Company (NYSE:HL) is up 12.15% today at $5.63. HL has traded 5.2 million shares so far today and trades 7.2 million shares a day on average. Hecla shares are rallying today after the company announced fourth quarter results. EPS and revenue were both in line with analyst estimates. The company has a market cap of 1.55 billion.

Alcatel-Lucent (NYSE:ALU) is up 4.29% today at $2.56. ALU is up on big volume in midday trading with 25.8 million shares, above its daily average of 19.1 million shares. ALU shares are up more than $0.20 over the past week. The company has a market cap of 5.77 billion.

Frontier Communications Company (NASDAQ:FTR) is down 3.56% in midday trading at $4.61. FTR has traded 20.3 million shares so far today and trades 20.4 million shares a day on average. FTR shares are seeing a slight pullback today after jumping about $0.80 last week. The company has a market cap of 4.56 billion.

Weatherford International, Ltd (NYSE:WFT) is down 10.74% today at $15.88. WFT is down on heavy volume today with 35.6 million shares, well above its daily average of 10.5 million shares. Weatherford shares are plunging today after the company questions its own accounting. The company has a market cap of 11.90 billion.

Delta Air Lines Inc. (NYSE:DAL) is down 10.06% in midday trading at $9.74. DAL has traded 12.4 million shares so far today, above its average volume of 11.5 million shares. The airline industry is getting hit hard today as the price of oil rally. The company has a market cap of 8.36 billion.

Cobalt International Energy, Inc. (NYSE:CIE) is down 6.99% today at $31.65. CIE has traded 2.8 million shares so far today, well above its daily average of 2 million shares. CIE shares are falling today on announcement of public offering of 47 million shares of its common stock. The company has a market cap of 12.10 billion.

United Continental Holdings (NYSE:UAL) is down 8.71% today at $21.33. UAL has traded 4.9 million shares in midday trading and trades 6.4 million shares a day on average. The increase in oil prices is affecting airlines today causing shares to dip. The company has a market cap of 7.05 billion.