The Stocks Wall Street Is Watching

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

Home improvement retailer Home Depot
(
HD |
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posted third-quarter profits in line with expectations with profits of $0.40 per
share. The company reaffirmed its fourth-quarter outlook with estimates of
$0.31 per share.

Conglomerate General Electric
(
GE |
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is the
subject of a Wall Street Journal article which claims a number of analysts
believe the company will announce a $1-$2 billion charge at its next investor
meeting Thursday.

Retailer Williams and Sonoma
(
WSM |
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beat its third-quarter earnings estimates by $0.03 with profits of $0.13 per
share.

Office supply company Staples
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beat its third-quarter earnings estimates by $0.03 with profits of $0.27 per
share.

Biotech firm Biogen
(
BGEN |
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has been
downgraded by USB Piper Jaffray to “underperform” from “market perform”.

Chip maker Intersil
(
ISIL |
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has been
downgraded by UBS Warburg to “hold” from “buy” with a price target of $20.

Pre-market action:


(
XING |
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+24%,
(
CPHD |
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+15%,
(
CHINA |
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+8.5%,
(
SINA |
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+6%,
(
SPLS |
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+5%,
(
AFFX |
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+3.5%.


(
ISIL |
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-6%,
(
GNSS |
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-5%,
(
AMD |
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-5%,

(
HD |
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-4.8%
,
(
LH |
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-4.5%,
(
AMLN |
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-3.5%,
(
BGEN |
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-3.5%,
(
STST |
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-3.5%,
(
GE |
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-1.5%.