The Stocks Wall Street Is Watching
The following stocks may be
impacted due to significant news as noted:
Oil companies Royal Dutch
(
RD |
Quote |
Chart |
News |
PowerRating) and
Shell Transport and Trading Co.
(
SC |
Quote |
Chart |
News |
PowerRating) have been upgraded by Prudential to
"buy" from "hold".
In the chip sector Needham has downgraded Applied
Materials
(
AMAT |
Quote |
Chart |
News |
PowerRating), Novelus
(
NVLS |
Quote |
Chart |
News |
PowerRating), and KLA Tencor
(
KLAC |
Quote |
Chart |
News |
PowerRating) to "hold" from "buy" citing weak fundamentals.
In the shipping business, Merrill Lynch has
downgraded United Parcel Service
(
UPS |
Quote |
Chart |
News |
PowerRating) and Federal Express
(
FDX |
Quote |
Chart |
News |
PowerRating)
to "sell" from "neutral".
In the retail sector, Michaels Stores
(
MIK |
Quote |
Chart |
News |
PowerRating)
has beat its fourth-quarter earnings by $0.06 with profits of $1.07 per share.
Paper product giant International Paper
(
IP |
Quote |
Chart |
News |
PowerRating)
has lowered its first-quarter earnings guidance to around $0.12 per share vs. a
consensus of $0.20 per share.
Pre-market action:
(
THOR |
Quote |
Chart |
News |
PowerRating) +16%,
(
CMVT |
Quote |
Chart |
News |
PowerRating) +11%,
(
MUSE |
Quote |
Chart |
News |
PowerRating)
+10.5%,
(
GTW |
Quote |
Chart |
News |
PowerRating) +4.5%,
(
DE |
Quote |
Chart |
News |
PowerRating) +1.5%.
(
TYC |
Quote |
Chart |
News |
PowerRating) -7%,
(
ULTE |
Quote |
Chart |
News |
PowerRating) -5,
(
VRST |
Quote |
Chart |
News |
PowerRating) -4.5%,
(
CYMI |
Quote |
Chart |
News |
PowerRating)
-3%.