The Stocks Wall Street Is Watching

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

Computer hardware maker and Dow component
Hewlett Packard
Corp.

(
HPQ |
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PowerRating)
has been downgraded by Goldman Sachs to “in-line”
from “outperform” after the company beat its first-quarter earnings expectations
by $0.01, though fell short of revenue targets.

Also in the Dow,
software giant Microsoft
(
MSFT |
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PowerRating)
has been upgraded by Deutsche Bank
to “buy” from “hold”.

Jewelry retailer Tiffany & Co.
(
TIF |
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PowerRating)
is
up over 12% in the pre-market after beating its fourth-quarter earnings
expectations by $0.60 per share. The company has issued 2003 guidance in line
with expectations. 

Home builder Hovnanian
(
HOV |
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PowerRating)
has been
upgraded by Salomon Smith Barney to “outperform” from “in-line”.

Retailer TJX Companies
(
TJX |
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News |
PowerRating)
has missed
its fourth-quarter earnings expectations by $0.01 with profits of $0.29 per
share.

Pre-market action:


(
SNIC |
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PowerRating)
+16% ,
(
GLFD |
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+6.5%,
(
CRY |
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+8.8%,
(
IGL |
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+4%,
(
TLAB |
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+3%,
(
HOV |
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+1.9%,
(
URBN |
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PowerRating)
+1.7%…

 
(
HPQ |
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PowerRating)
-6.2%,
(
XMSR |
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-5%,
(
ADSK |
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Chart |
News |
PowerRating)

-3%,
(
PHM |
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PowerRating)
-1.4%.