NVIDIA Corporation (NVDA), provider of visual computing technologies and the inventor of the graphics processing unit, is down 6.3% premarket to $19.22, relative to a 52-week range of $8.65-$26.17.
Penson Worldwide (PNSN), provider of a range of critical securities and futures processing infrastructure products and services to the global financial services industry, is up nearly 6% premarket to $3.30, relative to a 52-week range of $2.73-$7.95.
Vermillion Inc. (VRML) is down 11.5% premarket to $6.50, relative to a 52-week range of $3.33-$20.85.
Yahoo! Inc. (YHOO), a digital media company, is down 4.7% premarket to $16.36, relative to a 52-week range of $12.94-$18.84.
In another news, Nvidia Corp. (NVDA) was downgraded to a hold rating by Needham & Co., Goldman Sachs upgraded its rating of Dean Foods (DF) to buy from neutral. Agilent Technologies Inc. (A) second-quarter profit rose 85% to $200 million, For fiscal 2011, Agilent now expects an adjusted profit of $2.84-$2.88 a share and revenue of $6.55-$6.60 billion.
Analyst Upgrades & Downgrades on 5/13/11:
AETNA Inc. (AET) Raised to Buy at Citigroup.
Altria Group Inc. (MO) Started as Outperform at Wells Fargo.
American International Group Inc. (AIG) Raised to Market Perform at Wells Fargo.
Cameco Corporation (CCJ) Reiterated Neutral at BofA/ML.
Caterpillar Inc. (CAT) Raised to Outperform as Bull of the Day at Zacks.
CIGNA Corporation (CI) Raised to Buy at Citigroup.
Coca-Cola Company (KO) Started as Outperform at Wells Fargo.
Dean Foods Co. (DF) Raised to Buy at Goldman Sachs.
Dr Pepper Snapple Group Inc. (DPS) Started as Outperform at Wells Fargo.
Eastman Kodak Co. (EK) Maintained Underperform as Bear of the Day at Zacks.
Huntington Bancshares Inc. (HBAN) Reiterated Buy at BofA/ML.
Pepsico Inc. (PEP) Started as Market Perform at Wells Fargo.
Philip Morris International Inc. (PM) Started as Outperform at Wells Fargo.
Starbucks Corporation (SBUX) Started as Market Perform at Wells Fargo.
SunPower Corporation (SPWRA) Maintained Sell at Auriga; Cut to Hold at ThinkEquity.
Unitedhealth Group Inc. (UNH) Raised to Buy at Citigroup.
WellPoint Inc. (WLP) Raised to Buy at Citigroup.
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