The Stocks Wall Street Is Watching
The following stocks may be
impacted due to significant news as noted:
Entertainment giant and Dow component Walt Disney
Co.
(
DIS |
Quote |
Chart |
News |
PowerRating) has been downgraded by Merrill Lynch to “neutral” from “buy”
based on valuation.
Fast food behemoth and Dow component McDonalds
(
MCD |
Quote |
Chart |
News |
PowerRating) has issued a profit warning for the full year 2002. The company also
said it will eliminate 400-600 jobs and will close 175 underperforming stores.
Communications equipment maker Qualcomm
(
QCOM |
Quote |
Chart |
News |
PowerRating)
beat its fourth-quarter pro forma earnings expectations by $.04 with
profits of $0.31.
Software and programming company Mercury
Interactive
(
MERQ |
Quote |
Chart |
News |
PowerRating) has been downgraded by UBS Warburg to “hold” from
“buy” based on valuation.
Broadcasting and cable T.V. company Univision
(
UVN |
Quote |
Chart |
News |
PowerRating) beat its third-quarter earnings expectations by $0.01 with profits
of $0.08 per share.
Pre-market action:
OSUR +8.5%, MLNM +9.0%, THC -35%, DIS
-3.7%, ARXX +4%, QCOM +3.5%,
SNIC -13%, NVDA -9.2%.