Stocks were lower in midday trading Wednesday after U.S. economic growth turned anemic in the first quarter. The first estimate of GDP growth was the worst reading in more than a year. Pending home sales increased 1.1% in March, slightly better than expected. The measure was at its highest level since June 2013. Stratasys (SSYS) was one of the worst performers on markets after issuing a first-quarter warning. Starwood Hotels (HOT) jumped after announcing it was exploring strategic options to increase shareholder value, which could involve a sale. Mylan (MYL) and Perrigo (PRGO) were active after Mylan increased its bid for the drugmaker to $75 a share.
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