Yahoo! (YHOO) was upgraded this morning to Buy from Hold by Citi and shares of Monsanto (MON) just jumped 9 points after the co issued upside guidance for Q2. Shares of Valero (VLO) are indicted 3% lower pre-mkt after the co guided Q1 EPS below consensus on significantly lower throughput margins in the quarter, while JP Morgan significantly cut its Q1 and FY08 ests for Merrill Lynch (MER)
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