Lets you pick and edit locators label and measurement objects.
Access this tool from the Locators palette:

Edit a label or measurement object
Choose Windows > Information Window to open the information window.
The information window allows you to change many useful settings of whatever objects are picked.
Select the Move Locator tool.
Click the annotation you want to edit.
Do any of the following:
For linear and angular locators
Drag a label to move it.
For radial locators
and click off the measurement with the middle mouse button to toggle a different display.For comb plots
to change the quill scale, or drag the
to change the quill density.Tips and notes
-click off the measurement with the
), you can snap to the centerpoint using CV/Edit Point snapping.