The Stocks Wall Street Is Watching
The following stocks may be
impacted due to significant news as noted:
Internet infrastructure company Cisco Systems
(
CSCO |
Quote |
Chart |
News |
PowerRating) has announced that it will buy The Linksys Group for $500 million in
stock.The Linksys Group provides networking products for the home and small
office.
Financial services company came in with upside
earnings surprises this morning with Lehman Brothers
(
LEH |
Quote |
Chart |
News |
PowerRating) beating
its first-quarter earnings expectations by $0.18 with profits of $1.15 per
share, Morgan Stanley
(
MWD |
Quote |
Chart |
News |
PowerRating) beating its first-quarter earnings by
$0.20 with profits of $0.82 per share, and Goldman Sachs
(
GS |
Quote |
Chart |
News |
PowerRating) beating
its first-quarter earnings expectations by $0.33 with profits of $1.29 per
share.
In the biotechnology sector Genetech
(
DNA |
Quote |
Chart |
News |
PowerRating)
has been downgraded by CSFB to "underperform" from "neutral".
Transportation company Federal Express
(
FDX |
Quote |
Chart |
News |
PowerRating)
has been upgraded by Morgan Stanley to "overweight’ from "equal-weight".
Oil company Royal Dutch
(
RD |
Quote |
Chart |
News |
PowerRating) has been
upgraded by Lehman Brothers to "overweight" from "equal-weight".
Retailer Ross Stores has been upgraded by
CSFB to "outperform" from "neutral".
Pre-market action:
(
ROXI |
Quote |
Chart |
News |
PowerRating) +11.5%,
(
IGEN |
Quote |
Chart |
News |
PowerRating) +2.5%,
(
ROST |
Quote |
Chart |
News |
PowerRating)
+1.7%
(
WTSLA |
Quote |
Chart |
News |
PowerRating) -14.5%
(
PLXS |
Quote |
Chart |
News |
PowerRating) -11.5%,
(
TWTR |
Quote |
Chart |
News |
PowerRating)
-8%,
(
ALOY |
Quote |
Chart |
News |
PowerRating) -7.5%,
(
AFFX |
Quote |
Chart |
News |
PowerRating) -6.5%,
(
MANH |
Quote |
Chart |
News |
PowerRating) -4.5%,
(
MLHR |
Quote |
Chart |
News |
PowerRating) -4.5%
(
TRMS |
Quote |
Chart |
News |
PowerRating) -2.9%, and
(
ELAB |
Quote |
Chart |
News |
PowerRating) -1.6%.