Take a look at some of Wednesday's midday movers:

Jeans makers Guess , True Religion , and VF Corporation were all lower after Levi Strauss reported weak sales numbers for Europe and Asia on Tuesday.

Google moved lower after analysts at bernstein said it sees second-quarter revenues coming in below consensus estimates.

Groupon fell below $8 a share on Street concerns about its financial health. The stock has dropped 60 percent from its IPO price.

Calloway Golf lost ground after Golfweek magazine said the company will announce cuts of up to 10 perecnt of its workforce after the close Wednesday.

Orexigen jumped after the company said its obesity drug trial may end sooner than expected.

Mead Johnson Nutrition rose after a consumer watchdog in China said a testing center had made mistakes in reporting that some of the company’s baby formulas contained prohibitive additives. The stock had fallen as much as 8 percent on Tuesday following the reports.

Airline stocks rose including United Continental, US Airways, Allegiant Travel and Delta after Deutsche Bank raised its second quarter earnings outlook, citing better revenue results and lower fuel prices.

Abercrombie and Fitch gained ground after reports the retailer was preparing a big buyback of its shares.

COH News & Analysis

 RESEARCH ALERT-Coach: Wells Fargo cuts to market perform - Theflyonthewall.com - 07 May 2013 EDT

 RESEARCH ALERT-Coach : Stifel raises price target - 07 May 2013 EDT

 Coach Turnaround Pain Could Continue: Goldman Sachs - 02 May 2013 EDT - CNBC.COM

 UPDATE 1-Fifth & Pacific Q1 loss narrows as kate spade soars - 02 May 2013 EDT

 RESEARCH ALERT-Coach: Wedbush raises target price - 25 Apr 2013 EDT

 More COH News