The Stocks Wall Street Is Watching

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

Leading today’s earnings action is chip giants
Intel

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which beat its first-quarter earnings expectations by
$0.02 with profits of $0.14 per share, and Texas Instruments
(
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which beat its first-quarter earnings by $0.01 with profits of $0.07 per share.

Also, software kingpin Microsoft
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has beat its third-quarter earnings expectations by $0.02 profits of $0.26 per
share.

Investment banker JP Morgan
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has
beat its first-quarter earnings expectations by $0.19 with profits of $0.69 per
share.

Broker Merrill Lynch
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has beat its
first-quarter earnings expectations by $0.11 with profits of $0.72 per share.

Tobacco company Altria
(
MO |
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has beat its
first-quarter expectations by $0.01 with profits of $1.07 per share.

Aerospace and defense company General Dynamics

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GD |
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has beat its first-quarter earnings by $0.09 with profits of $1.11
per share.

Motorcycle maker Harley Davidson
(
HDI |
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has beat its first-quarter earnings by $0.11 with profits of $0.61 per share.

Coffee retailer Starbucks
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has
been downgraded by Lehman Brothers to "underweight" from "equal weight".

Pre-market action:


(
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+8%,
(
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+5%,
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+4.5%,
(
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+2%…


(
KRB |
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-2.3%,
(
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-1.7%.