HEADLINE STOCKS-U.S. stocks to watch on May 20

NEW YORK, May 20 (Reuters) - Some U.S. stocks to watch on
Wednesday:

HEWLETT-PACKARD CO (HPQ.N)

The tech company late Tuesday gave a disappointing
full-year revenue outlook and said it would be cutting 2
percent of its work force.

For details, see [ID:nN19414562]

Shares of the Dow component fell 4 percent to $35.10 in
premarket trading.

BANK OF AMERICA CORP (BAC.N)

The company raised $13.47 billion through a share sale, as
it moves to meet the U.S. government's requirements for
capital-raising. [ID:nN19416813]

Shares of the Dow component rose 2.7 percent to $11.55.

DEERE & CO (DE.N)

Shares of the agricultural machinery company fell 2.8
percent to $42.60 in premarket trading on Wednesday, after the
company reported its second-quarter results and cut its
full-year outlook. [ID:nN20488425]

PROCTER & GAMBLE (PG.N)

Barclays upgraded the Dow component to overweight and
lifted its price target to $60 from $56.

Shares of PG rose 1.2 percent to $53.60 in premarket
trading.

TARGET CORP (TGT.N)

The No. 2 U.S. discount retailer reported a lower quarterly
profit but the results beat Wall Street expectations as the
company kept a tight control on inventory and expenses, and
said its credit card business was profitable. [ID:nN19445539]

Shares rose 4.1 percent to $43.65 in premarket trading.

VISA INC (V.N)

Wachovia resumed coverage on Visa with an outperform
rating, saying that the "underlying earnings visibility,
balance sheet strength and profitability of Visa will result in
an outperforming share price in the current economic
environment."

Shares of Visa closed Tuesday at $64.80.

REGIONS FINANCIAL CORP (RF.N)

The regional bank plans to raise $1.25 billion through
stock offerings, half of the sum that federal regulators told
it to raise. [ID:nN20469316]

Shares sank 7.6 percent to $4.84 in premarket trading.

TOLL BROTHERS INC (TOL.N)

The luxury homebuilder forecast a drop of 51 percent in its
second-quarter homebuilding revenue. [ID:nN19433833]

Shares closed Tuesday at $19.51.

SOLARWINDS INC (SWI.N)

The software company's initial public offering were priced
at $12.50 per share, exceeding expectations. [ID:nN19463821]

ANALOG DEVICES INC (ADI.N)

The semiconductor equipment maker late Tuesday reported
adjusted second-quarter results that beat expectations. It was
also upgraded to neutral from underperform at Robert W. Baird.
[ID:nN19452940]

Shares rose 11 percent to $22.89 in premarket trading.

MICROSOFT CORP (MSFT.O)

The company may show a new version of its Internet search
engine publicly for the first time next week, according to a
report in the Wall Street Journal. [ID:nBNG414490]

Shares of the Dow component rose 0.8 percent to $20.48 in
premarket trading.

PARAGON SHIPPING INC (PRGN.O)

The shipping transportation company reported first-quarter
earnings that beat expectations. [ID:nBNG451228]

Shares surged 24 percent to $5.89 in premarket trading.

PHOTRONICS INC (PLAB.O)

The semiconductor gear maker reported a drop of 25 percent
in its second-quarter revenue. [ID:nWNAB1597]

Shares fell 10 percent to $2.20 in after hours trade.

ARRAY BIOPHARMA INC (ARRY.O)

The company received an additional $40 million funding
commitment from Deerfield Management and plans to use these
funds to develop its small molecule drug programs.
[ID:nBNG396985]

Shares closed Tuesday at $3.32 Tuesday.

(Reporting by Ryan Vlastelica, Editing by Chizu Nomiyama)