The Stocks Wall Street Is Watching

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

Semiconductor equipment maker Applied Materials
(
AMAT |
Quote |
Chart |
News |
PowerRating)
announced it will eliminate 2,000 jobs to lower costs. The company
is the world’s largest maker of computer chip production equipment.

Food processing company Kraft Foods
(
KFT |
Quote |
Chart |
News |
PowerRating)

has been upgraded by Banc of America to "buy" from "neutral".

Household and personal product maker Proctor and
Gamble

(
PG |
Quote |
Chart |
News |
PowerRating)
has raised its third-quarter guidance to 13-14% earnings per
share growth vs. a consensus of 11-13%.

Railroad stocks have had their estimates reduced by
UBS Warburg who believes it will be a tough first-quarter for the sector.
Companies with reduced estimates are:
(
UNP |
Quote |
Chart |
News |
PowerRating)
, BNI|BNI],
(
CSX |
Quote |
Chart |
News |
PowerRating)

(
NSC |
Quote |
Chart |
News |
PowerRating)
,
and
(
KSU |
Quote |
Chart |
News |
PowerRating)
.

Computer hardware company Tech Data
(
TECD |
Quote |
Chart |
News |
PowerRating)

has beat its fourth-quarter earnings per share by $0.03 with profits of $0.58
per share.

Pre-market action:


(
GERN |
Quote |
Chart |
News |
PowerRating)
+21%,
(
HGSI |
Quote |
Chart |
News |
PowerRating)
+11.7%,
(
ASML |
Quote |
Chart |
News |
PowerRating)

+8%,
(
ILXO |
Quote |
Chart |
News |
PowerRating)
+7%,
(
PG |
Quote |
Chart |
News |
PowerRating)
+0.5%.


(
ISTA |
Quote |
Chart |
News |
PowerRating)
-23.5%,
(
CCUR |
Quote |
Chart |
News |
PowerRating)
-18%,
(
INCY |
Quote |
Chart |
News |
PowerRating)

-11%,
(
VERS |
Quote |
Chart |
News |
PowerRating)
-9.5%,
(
CNCT |
Quote |
Chart |
News |
PowerRating)
-2%
(
EXPE |
Quote |
Chart |
News |
PowerRating)
-1.6%,
(
TECD |
Quote |
Chart |
News |
PowerRating)
-1.6%.