The Stocks Wall Street Is Watching

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

Chip maker Qualcomm
(
QCOM |
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has beat its
second-quarter earnings by $0.02 with profits of $0.38 per share. The company
has also raised its guidance for the full year 2003.

Also in the chip biz, KLA-Tencor
(
KLAC |
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has beat its third-quarter earnings by $0.02 with profits of $0.14 per share.
The company has also guided below consensus for the fourth-quarter.

Software maker Siebel Systems
(
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has
reported first-quarter earnings in line with expectations with profits of $0.01
per share.

Drug maker Johnson & Johnson
(
JNJ |
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has
received FDA approval for its drug-eluting Cypher stent.

Communications services company SBC
Communications

(
SBC |
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has beat its first-quarter earnings expectations by
$0.05 with profits of $0.42 per share.

Air carrier JetBlu
(
JBLU |
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has
beat its first-quarter earnings expectations by $0.03 with profits of $0.25 per
share.

Paper and paper product maker International Paper
(
IP |
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has beat its first-quarter earnings by $0.02 with profits of $0.14 per
share.

Insurer AFLAC
(
AFL |
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has been downgraded
by Merrill Lynch to "sell" from "neutral" after beating its its first-quarter
earnings consensus by $0.02.

Pre-market action:


(
NERX |
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53%,
(
VIGN |
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+18%,
(
FCEL |
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+17%,
(
EELN |
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+14%,
(
DNDN |
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+10.5%,
(
DRIV |
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+10%,
(
APPX |
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+9%,
(
SOHU |
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+9%,
(
CRIS |
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+8.5%,
(
CTXS |
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+8%,
(
NT |
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+4%,
(
MCHP |
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+2.9%,
(
SBC |
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+2%,
(
QCOM |
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+2%.


(
OVER |
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-28%,
(
CNQR |
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-12%,
(
SLVN |
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-6.8%,
(
OTEX |
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-5.5%,
(
CCMP |
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-5%,
(
SYMC |
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-4.3%,
(
MERQ |
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-4%,
(
T |
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-3.5%,
(
ESRX |
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-3%,
(
NVLS |
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-2%,
(
VRTS |
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-1.3%.