The Stocks Wall Street Is Watching
The following stocks may be
impacted due to significant news as noted:
Conglomerate 3M Company
(
MMM |
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PowerRating) was the
subject of a positive article by the New York Times.
Chemical manufacturer Monsanto
(
MON |
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News |
PowerRating) was
the subject of a “60 Minutes” story which discussed the large quantities of PCBs
discovered around its Anniston, AL plant.
Communications services company jCom
(
JCOM |
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News |
PowerRating)
was the subject of negative comments in a Barron’s article which claimed the
company is overvalued.
Metal mining company Alcan Aluminum
(
AL |
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Chart |
News |
PowerRating)
has been downgraded by Prudential to “hold” from “buy”.
Insurance company Chubb
(
CB |
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Chart |
News |
PowerRating) has been
upgraded by Banc of America Securities to “strong buy” from “market perform”.
Pre-market action:
DIAN +16%, HGSI +5.5%, OPWV +12%, GPS +1.5%.
AFCI -7%, JCOM -7%, CLTK -6%, SBUX -2.5%.