The Stocks Wall Street Is Watching

The following stocks may be
impacted due to significant news as noted:

Deutsche Securities has hit the automotive sector
with downgrades as it now rates the following companies as a "sell": Visteon
(
VC |
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, Delphi Auto
(
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, Ford Motor
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F |
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, and General
Motors

(
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.

Chip maker Fairchild Semiconductor
(
FCS |
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has announced it expects first-quarter revenue to come in slightly ahead of
expectations, though sees gross margins coming in below expectations.

Home builder Lennar Corp.
(
LEN |
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has
received negative words from JP Morgan who cites the company’s disappointing
earnings growth as an indication of further downside.

Drug maker GlaxoSmithKline
(
GSK |
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has lost
a legal case where a federal judge has ruled its U.S patent covering a form of
Paxil is valid but not infringed by rival Apotex Inc.

Retailer Pacific Sunwear
(
PSUN |
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has beat
its fourth-quarter earnings expectations by $0.02 per share with profits of
$0.46 per share.

Pre-market action:


(
CRGN |
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+6%,
(
ATYT |
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+3.3%,
(
PSUN |
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+3.2%,
(
DISH |
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+3%,
(
MVL |
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+3%,
(
DRYR |
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+2.8%,
(
XLNX |
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+1.8%
(
CY |
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+1%,
(
HSIC |
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+0.8%.


(
BJ |
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-11.5%,
(
GM |
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-3%,
(
LEN |
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-2.9%,
(
NXTL |
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-2%.