The Stocks Wall Street Is Watching
The following stocks may be
impacted due to significant news as noted:
Retailer Sears
(
S |
Quote |
Chart |
News |
PowerRating) has been downgraded by
Goldman Sachs to “underperform” from “in-line”.
The Wall Street Journal has reported that online travel agent Expedia
(
EXPE |
Quote |
Chart |
News |
PowerRating) may face a potential hit by President Bush’s
airline reservation plans, which would give the airlines more flexibility in
ticket distribution.
Gaming company Multimedia Games
(
MAGAM |
Quote |
Chart |
News |
PowerRating)
has missed its fourth-quarter earnings expectations by $0.02 with profits of
$0.47 per share. The company also guided lower for the full year of 2003.
Also in the retailing business, Abercrombie and
Fitch
(
ANF |
Quote |
Chart |
News |
PowerRating) beat its third-quarter earnings expectations by $0.01
with profits of $0.48 per share. The company has also been upgraded by Wachovia
to “strong buy” from “buy”. And Nordstrom
(
JWN |
Quote |
Chart |
News |
PowerRating) has issued a profit
warning for its third quarter with new expectations of $0.13-$0.14 a share
vs. previous estimates of $0.16-$0.20 per share.
Publishing company School Specialty
(
SCHL |
Quote |
Chart |
News |
PowerRating)
has been downgraded by Salomon Smith Barney to “outperform” from “strong buy”
and by Jeffries to “sell” from “hold”.
Pre-market action:
(
ITRU |
Quote |
Chart |
News |
PowerRating) +12.5%,
(
TIVO |
Quote |
Chart |
News |
PowerRating) +5%,
(
BUD |
Quote |
Chart |
News |
PowerRating)
+3.5%,
(
NTAP |
Quote |
Chart |
News |
PowerRating) +3%.
(
LGND |
Quote |
Chart |
News |
PowerRating) -31%,
(
INCY |
Quote |
Chart |
News |
PowerRating) -16.5%,
(
SCOR |
Quote |
Chart |
News |
PowerRating)
-12%,
(
SCHS |
Quote |
Chart |
News |
PowerRating) -9%,
(
MGAM |
Quote |
Chart |
News |
PowerRating) -7%,
(
JWN |
Quote |
Chart |
News |
PowerRating) -5%,
(
RFMD |
Quote |
Chart |
News |
PowerRating) -4%,
(
S |
Quote |
Chart |
News |
PowerRating)
-3.5%.