The Stocks Wall Street Is Watching
The following stocks may be
impacted due to significant news as noted:
Discount retailer Wal-Mart
(
WMT |
Quote |
Chart |
News |
PowerRating) has lowered its September guidance, with sales expected to
be near the low end of an expected 4-6% range.
Drugstore giant Walgreen’s
(
WAG |
Quote |
Chart |
News |
PowerRating) has missed its fourth quarter earnings by a penny with profits of 24
cents per share.
Chip maker Intel
(
INTC |
Quote |
Chart |
News |
PowerRating)
received negative comments in a New York Times article which stated that
Google will
not be using Intel’s new Itanium 2 chip.
Conglomerate General
Electric
(
GE |
Quote |
Chart |
News |
PowerRating) had its earnings outlook reduced by Merrill Lynch with
a new price target of $28 from $35.
Drug maker Bristol Myers-Squibb
(
BMY |
Quote |
Chart |
News |
PowerRating) had its estimates cut for the next four years by SG
Cowen due to reduced estimates in sales.
Biotech company Gilead
Sciences
(
GILD |
Quote |
Chart |
News |
PowerRating) had coverage initiated by First Albany at “buy”
with a price target of $40.