Green Opening For Stocks

Stocks appear set to open higher
Tuesday.

Apollo Group
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will be added
to the S&P 500 index after the close on Tuesday.

Thomas Weisel Partners upgraded
Extreme Networks

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from Attractive to Buy on expectations that
enterprise spending appears to be picking up, in addition to the current
valuation.

News Corp
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reported earnings
of 18 cents for Q3, beating analysts’ expectations of 15 cents according to a
survey taken by Multex.

Emisphere
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reported that
Phase III trial results for the company’s drug Heparin were disappointing.
Emisphere’s Oral Heparin is used for preventing deep vein thrombosis in hip
replacement surgery.

Banc of America upgraded Learning Tree
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from Market Perform to Buy. The firm believes that things are
stabilizing, and it should prove well for the company’s earnings climate.

Invision
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reiterated
earnings and revenues guidance for Q2. The company sees earnings coming in at 25
cents a share and revenues of at least $66 million..

Jewelry store chain Zales
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reported earnings for Q3 of 22 cents a share, beating analysts’ estimates by 2
cents according to a survey taken by Multex.

UBS Warburg upgraded Sears
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from
Hold to Buy after the company announced plans to acquire Land’s End
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.

Wal-Mart
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reported earnings
of 37 cents a share for Q1, beating analysts’ expectations of 36 cents a share
according to a survey taken by Multex.

Luxury jewelry store Tiffany & Co
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reported earnings of 22 cents a share for Q1, which fell in line with
analysts’ consensus according to Multex.

Robertson Stephens upgraded Intel
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from Market Perform to Buy based on beliefs that demand will pick up in the
second half of the year due to seasonality.

Greg