The Stocks Wall Street Is Watching
The following stocks may be
impacted due to significant news as noted:
Communications services companies are likely to feel
the effects of reduced estimates from Bear Stearns as Bell South
(
BLS |
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Chart |
News |
PowerRating),
SBC Communications
(
SBC |
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Chart |
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PowerRating), and Verizon
(
VZ |
Quote |
Chart |
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PowerRating) are believed by
the firm to struggle from increasing competition and not significantly
benefiting from economic recovery.Â
Retailer Sears Roebuck
(
S |
Quote |
Chart |
News |
PowerRating) is up nicely in
the pre-market after announcing it may sell its credit card business. The
company holds the eight largest credit card business in the U.S. valued at $30.8
billion in receivables.
Entertainment monster Walt Disney
(
DIS |
Quote |
Chart |
News |
PowerRating)
has been added to CSFB’s Focus List.
Video retailer Best Buy
(
BBY |
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Chart |
News |
PowerRating) has been
downgraded by Bank of America to “neutral” from “buy”.
Aerospace and defense company Honeywell
(
HON |
Quote |
Chart |
News |
PowerRating)
has been downgraded by UBS to “neutral” from “buy”.
Pre-market action:
(
S |
Quote |
Chart |
News |
PowerRating) +15.5%,
(
ADRX |
Quote |
Chart |
News |
PowerRating) +6%,
(
NVDA |
Quote |
Chart |
News |
PowerRating) +2.7%,
(
DIS |
Quote |
Chart |
News |
PowerRating)
+2.5%.
(
CHIC |
Quote |
Chart |
News |
PowerRating) -28%,
(
CDWC |
Quote |
Chart |
News |
PowerRating) -6%,
(
ACAS |
Quote |
Chart |
News |
PowerRating) -4%,
(
BBY |
Quote |
Chart |
News |
PowerRating) -2.8%,
(
HON |
Quote |
Chart |
News |
PowerRating) -2%,
(
GDT |
Quote |
Chart |
News |
PowerRating) -1.5%,
(
APC |
Quote |
Chart |
News |
PowerRating) -1.5%,
(
WFMI |
Quote |
Chart |
News |
PowerRating)
-1.4%,
(
MDT |
Quote |
Chart |
News |
PowerRating) -1.3%.