Flat Opening
Stocks appeared set to open flat to
lower Thursday.
Merrill Lynch has raised its Q4
earnings estimates on Advanced Micro Devices
(
AMD |
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PowerRating) from a loss of 23 cents
to a loss of 15 cents, citing surging Athlon demand into the end of the
quarter.
According to Cardiac Science
(
DFIB |
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PowerRating)
the company has been chosen to provide a number of airports throughout the
nation with its Automated External Defibrillators.
UBS Warburg said it believes that
Intuit
(
INTU |
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PowerRating) are closing in to their top, citing the company’s historical
trading pattern going into tax season.
Analysts at Jefferies upgraded WebEx
(
WEBX |
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PowerRating) from Accumulate to Buy.
Bear Stearns upgraded U.S. Express
(
XPRSA |
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PowerRating)
from Attractive to Buy after the company restructured its credit facility.
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