The Stocks Wall Street Is Watching
The following stocks may be
impacted due to significant news as noted:
Merrill Lynch has downgraded
the Internet sector to an "equal-weight" from an "over-weight" due to negative
earnings growth. The firm has also upgraded the wireless sector to "overweight"
from "equal-weight".
Drug maker Bristol-Myers
(
BMY |
Quote |
Chart |
News |
PowerRating) has had its 2002 estimates cut by Prudential to $1.20 per share from
$1.24 per share.
Also in the drug business,
Glaxo SmithKline has had its Paxil patent held invalid by a U.S. District
Court judge., though the company has maintained its earnings guidance for the
year.
Insurance company St. Jude
Medical
(
STK |
Quote |
Chart |
News |
PowerRating) has been upgraded by Prudential to "buy" from "hold" with
a price target of $54 per share.
Pre-market action:
(
ENDP |
Quote |
Chart |
News |
PowerRating) +7% ,
(
APCC |
Quote |
Chart |
News |
PowerRating)
+2.5% ,
(
STJ |
Quote |
Chart |
News |
PowerRating) +0.5%
(
NTAP |
Quote |
Chart |
News |
PowerRating) -5.5%,
(
CVTX |
Quote |
Chart |
News |
PowerRating)
+3.7%,
(
THQI |
Quote |
Chart |
News |
PowerRating) -4%,
(
BMY |
Quote |
Chart |
News |
PowerRating) -0.8%.