The Stocks Wall Street Is Watching

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

Online bookseller Amazon.com
(
AMZN |
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has
had coverage initiated on it by JP Morgan at "underweight".

Online auctioneer eBay
(
EBAY |
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has had
coverage initiated on it by JP Morgan at "overweight".

Beverage giant Pepsi Bottling
(
PEP |
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has been upgraded by Goldman Sachs to "outperform" from "in-line".

Bank of America has been active with drug
wholesalers as it initiates "buy" ratings on Amerisourcebergen
(
ABC |
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,
Cardinal Health
(
CAH |
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, and McKessen. The firm has also
downgraded Accredo Health
(
ACDO |
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and PSS World Medical to
"neutral", and Owens and Minor
(
OMI |
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, and Priority Healthcare
(
PHCC |
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to "sell".

Media company Fox Entertainment
(
FOX |
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has
had its estimates raised by Goldman Sachs based on the belief that it will
announce better than expected third-quarter results.

Pre-market action:


(
MO |
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+6%,
(
JDSU |
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+4%,
(
MSFT |
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+2%,
(
SEBL |
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+1.6%,
(
DIA |
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+1.7%,
(
SPY |
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+0.5%,
(
QQQ |
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+0.3%.


(
BORL |
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-10%,
(
RFMD |
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-10%,
(
MXIM |
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-5%,
(
KLAC |
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-2%,
(
NVLS |
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-3%,
(
AMZN |
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-2%.