The Stocks Wall Street Is Watching

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

In the chip sector, Novelus
(
NVLS |
Quote |
Chart |
News |
PowerRating)
beat
is first-quarter estimates by $0.01, though expects its second-quarter to be
down from the first. The stock has also been downgraded by Goldman Sachs to
"in-line" from "outperform".

Computer hardware giant International Business
Machines

(
IBM |
Quote |
Chart |
News |
PowerRating)
has missed its first-quarter earnings by $0.01 with
profits of $0.79 per share, though revenue beat expectations at $20.07 billion
vs. a consensus of $19.86 billion.

Also in the computer hardware business, Hewlett
Packard

(
HPQ |
Quote |
Chart |
News |
PowerRating)
was downgraded to "neutral" from "buy".

Drug maker Johnson and Johnson
(
JNJ |
Quote |
Chart |
News |
PowerRating)
has
beat its first-quarter earnings by $0.01 with profits of $0.69 per share.

Car maker General Motors
(
GM |
Quote |
Chart |
News |
PowerRating)
has beat its
first-quarter earnings by $0.30 with profits of $1.84 per share.

Aerospace and defense company Boeing Co.
(
BA |
Quote |
Chart |
News |
PowerRating)

has had coverage initiated on it by Goldman Sachs at "underperform".

Broadcasting and cable TV company Emmis
Communication Corp.

(
EMMS |
Quote |
Chart |
News |
PowerRating)
has beat its fourth-quarter earnings
expectations by $0.04 with profits of $0.14 per share.

Pre-market action:


(
CHRZ |
Quote |
Chart |
News |
PowerRating)
+72%,
(
GERN |
Quote |
Chart |
News |
PowerRating)

+17%,
(
CGNX |
Quote |
Chart |
News |
PowerRating)
+8%
(
JBHT |
Quote |
Chart |
News |
PowerRating)
+6.7% ,
(
GLW |
Quote |
Chart |
News |
PowerRating)
+3.5%.


(
HCA |
Quote |
Chart |
News |
PowerRating)
-13.4%,
(
SCSS |
Quote |
Chart |
News |
PowerRating)

-6.5%,
(
NVLS |
Quote |
Chart |
News |
PowerRating)
-4.2%,
(
LPNT |
Quote |
Chart |
News |
PowerRating)
-3.6%,
(
WSTL |
Quote |
Chart |
News |
PowerRating)
-3.5%,
(
HPQ |
Quote |
Chart |
News |
PowerRating)
-2.6%
(
EMC |
Quote |
Chart |
News |
PowerRating)
-1.4%.