The Stocks Wall Street Is Watching
Lockheed Martin
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LMT |
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billion contract from the Polish Air Force for fighter jets.
Unocal
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UCL |
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.50 – .60 range to .40 – .45 for Q4, based upon Commodity Account changes and a non-cash charge for Pure Resources stock options.
Estimates were raised for major oil stocks by
Prudential due to escalating political tensions and corresponding price
increases in gas. Companies targeted include
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XOM |
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CVX |
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BP |
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and
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RD |
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PowerRating).
A US Court of Appeals for the Second Circuit
dismissed Pepsi’s [PEP|PEP] four-year antitrust suit against Coke
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KO |
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PowerRating).
Morgan Stanley cut Q4 for Allstate
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ALL |
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Safeco
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SAFC |
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PowerRating), and Travelers
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TAP.A |
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PowerRating). Estimates were
reduced due to weather, as well as asbestos concerns at Travelers.ce of 3.0% –
5.0%. The news out from the company comes on top of a
prior issuance that indicated sales would be at the low end of their forecast.
UBS cut numbers on vehicle parts firms Dana
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DCN |
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PowerRating), Lear
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LEA |
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PowerRating) and American Axle
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AXL |
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PowerRating).