The Stocks Wall Street Is Watching

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

Fast Food giant McDonalds
(
MCD |
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PowerRating)
has beat its first-quarter earnings by $0.01 with profits of $0.29 per
share.

Personal and household product
maker Proctor and Gamble
(
PG |
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has reported third-quarter earnings in
line with expectations with profits of $0.96 per share.

Aerospace and defense company
Boeing
(
BA |
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PowerRating)
has been downgraded by JP Morgan to "underweight" from
"neutral".

Conglomerate General
Electric

(
GE |
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PowerRating)
is the focus of a Wall Street Journal article which claims
the company may face continued exposure to asbestos claims.

Drug maker Shire
Pharmaceuticals

(
SHPGY |
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PowerRating)
and Noven Pharmaceuticals
(
NOVN |
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PowerRating)

have been denied FDA approval for Methylphenidate Transdermal Sys.

Forestry and wood product maker
Weyerhaeuser Co.
(
WY |
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News |
PowerRating)
has been downgraded by JP Morgan to
"underweight" from "neutral".