The Stocks Wall Street Is Watching

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

Internet company Yahoo!
(
YHOO |
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has been
downgraded by Salomon Smith Barney to "in-line" from "outperform".

Online auctioneer eBay
(
EBAY |
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has had
its price target raised by CSFB to $100 from $85.

Video retailer Best Buy Inc.
(
BBY |
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PowerRating)
has
lowered its earnings guidance for the first-quarter to $0.14-0.20 per share vs.
a consensus of $0.22. The company also reported fourth-quarter earnings of $1.10
per share, a penny above consensus estimates.

Financial services company Fannie Mae
(
FNM |
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PowerRating)

has had its growth rate forecast cut by Morgan Stanley to 11% from 13%, and has
had its price target lowered to $92 from $100.

Software companies Microsoft
(
MSFT |
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and
Intuit
(
INTU |
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have had coverage initiated on them by UBS Warburg at
"buy".

Pre-market action:


(
CHTR |
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+35%,
(
RRI |
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+26%,
(
CE |
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+26% ,
(
AMR |
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+26%,
(
GERN |
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+17%,
(
DIGE |
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+14%,
(
CREE |
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+10%,
(
OVER |
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+2.5%.


(
LAB |
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-18%,
(
BBY |
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-4%,
(
KROL |
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-4%,
(
AMZN |
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-2%,
(
YHOO |
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PowerRating)
-2%.