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Pandora Media Inc (NYSE: P) surged 15.68% to $11.95 in the pre-market session. Pandora Media reported stronger-than-expected Q1 results.

Hewlett-Packard Company (NYSE: HPQ) moved up 8.16% to $22.80 in the pre-market session. Hewlett-Packard reported upbeat quarterly results and announced its plans to lower 27,000 jobs.

Newmont Mining Corp (NYSE: NEM) added 2.61% to $49.84 in the pre-market session. NEM announced its plans to lower planned spending on a Peru mine project for the 2012-13 period.

LSI Corporation (NYSE: LSI) soared 2.31% to $7.09 in the pre-market trading. LSI's PEG ratio is 0.52.

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