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Take a look at some of Tuesday's midday movers:
KLA-Tencor rose after the company's CEO said revenue was coming in at the high end of it range.
Cummins plummeted after it lowered its full year revenue outlook for 2012. Caterpillar also fell following the news.
Research In Motion fell as the embattled company held their annual shareholders’ meeting to outline the company’s strategy. Shareholders elected the company’s slate of directors.
Coca-Cola moved higher after its board approved a 2-for-1 stock split effective at the end of the month.
Applied Materials moved lower after the company revised its fiscal year 2012 outlook due to weaker-than-expected near-term demand in the semiconductor equipment business. The company cited weakness in China and Europe.
MBIA lost ground after the bond insurer disclosed in a regulatory filing that New York hasn’t determined whether to allow it to make an interest payment on 14 percent notes that it issued.
General Mills rose after the company said it expects prices to remain stable and stood by its forecast of 2 to 3 percent inflation this year, despite a spike in corn costs.
Southwest rose after Sterne Agee upgraded the airline to "buy" from "neutral" and increased its price target to $15 from $13.
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