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Midday Movers: VLO, HTZ & More

Tuesday, 2 Apr 2013 | 1:49 PM ET

Take a look at some of Tuesday's midday movers:

Valero fell hard after comments from a company spokesman suggesting that compliance with proposed new EPA pollution standards for gasoline could cost the refiner between $300 to $400 million in new equipment upgrades. Refiners Tesoro and Western Refining traded lower as well.

Hertz jumped after the car rental company raised its three-year financial guidance on strong global demand.


Garmin higher after the company announced in a press release a deal to provide in-dash navigation that would be "fully integrated into Mercedes-Benz infotainment systems over the next four years."

Delta Airlines warned that first-quarter revenue for a key metric would be below prior guidance.

McDonald's traded up to a new 52-week high.

Groupon was lower after UBS initiated coverage of the daily deal coupon company with a "sell" rating and a price target of $4.40 per share.

Several companies traded at new all-time highs including Cigna, Amgen and Procter & Gamble.

—By CNBC's Lori Spechler

Questions? Comments? Email us at marketinsider@cnbc.com

  Price   Change %Change
VLO
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TSO
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WNR
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HTZ
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GRMN
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DAL
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MCD
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GROUPON
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CI
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AMGN
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PG
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