The Stocks Wall Street Is Watching
The following stocks may be
impacted due to significant news as noted:
In the chip sector, Applied Materials
(
AMAT |
Quote |
Chart |
News |
PowerRating)
and Lam Research
(
LRCX |
Quote |
Chart |
News |
PowerRating) have been downgraded by RBC Capital to "buy"
from "hold".
UBS Warburg has initiated coverage on the brokerage
industry at "neutral". The firm has also initiated "buy" ratings on Merrill
Lynch
(
MER |
Quote |
Chart |
News |
PowerRating) and Morgan Stanley
(
MWD |
Quote |
Chart |
News |
PowerRating), and has initiated "buy"
ratings on Bear Stearns
(
BSC |
Quote |
Chart |
News |
PowerRating), Lehman Brothers
(
LEH |
Quote |
Chart |
News |
PowerRating), and
Goldman Sachs
(
GS |
Quote |
Chart |
News |
PowerRating).
Broadcasting and cable TV company EchoStar
Communications
(
DISH |
Quote |
Chart |
News |
PowerRating) is the subject of a negative New York Times
article which says the company will have difficulties outperforming Hughes
Electronics that way it has for the past 18 months.
Dow heavyweight General Electric
(
GE |
Quote |
Chart |
News |
PowerRating) has
met its first-quarter earnings expectations, and has reaffirmed guidance for the
rest of the year.
Discount retail giant Wal-Mart
(
WMT |
Quote |
Chart |
News |
PowerRating) has
been downgraded by Prudential to "hold" from "buy".
Pre-market action:
(
FDRY |
Quote |
Chart |
News |
PowerRating) +16%,
(
RSAS |
Quote |
Chart |
News |
PowerRating) +14%,
(
RNDC |
Quote |
Chart |
News |
PowerRating)
+14%,
(
QTRN |
Quote |
Chart |
News |
PowerRating) +13%,
(
PPDI |
Quote |
Chart |
News |
PowerRating) +9%,
(
ADRX |
Quote |
Chart |
News |
PowerRating) +8%,
(
JNPR |
Quote |
Chart |
News |
PowerRating) +7.5%,
(
GE |
Quote |
Chart |
News |
PowerRating)
+0.5%
(
OVTI |
Quote |
Chart |
News |
PowerRating) -2.5%,
(
FAST |
Quote |
Chart |
News |
PowerRating) -2.3%,
(
MYL |
Quote |
Chart |
News |
PowerRating)
-0.8%
(
WMT |
Quote |
Chart |
News |
PowerRating) -0.5%.