The Stocks Wall Street Is Watching
THQ Inc.
(
THQI |
Quote |
Chart |
News |
PowerRating) was downgraded by RBC Capital Markets, to
Outperform.
Qwest
(
Q |
Quote |
Chart |
News |
PowerRating) was upgraded to outperform by
Soundview.
Cypress Semi
(
CY |
Quote |
Chart |
News |
PowerRating) was upgraded to Buy at Wachovia.
Ultimate Electronics
(
ULTE |
Quote |
Chart |
News |
PowerRating) was cut to Market Perform at US Bancorp.
Best Buy
(
BBY |
Quote |
Chart |
News |
PowerRating) was cut to Outperform at US Bancorp.
Wal
Mart
(
WMT |
Quote |
Chart |
News |
PowerRating) revises downward December same-store sales to a 2-3% increase
from the prior guidance of 3-5%. 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.
Amgen’s
(
AMGN |
Quote |
Chart |
News |
PowerRating) claim against the
Health and Human Services department was dismissed by a US District court. The
grounds of the ruling were based on the evidence that AMGN lacks standing to
challenge the Medicare decision to lower Aranesp reimbursement rates.
Pfizer’s
(
PFE |
Quote |
Chart |
News |
PowerRating) Celebrex, according to
the Wall Street Journal, reports that arthritis sufferers who have had ulcers
have a 5% increase in potential bleeding from their ulcers while using the pill.
Motorola
(
MOT |
Quote |
Chart |
News |
PowerRating) is gaining market share
over rival Nokia
(
NOK |
Quote |
Chart |
News |
PowerRating). The WSJ reports that some industry analysts
estimate that Motorola will match Nokia as market share leader by the end of the
year.