The Stocks Wall Street Is Watching

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

Phone chip maker Qualcomm
(
QCOM |
Quote |
Chart |
News |
PowerRating)
has increased its earnings guidance for the fourth-quarter due to
increased demand for its chips.

Office equipment maker Pitney
Bowes

(
PBI |
Quote |
Chart |
News |
PowerRating)
has been upgraded by Deutsche Securities to “buy” from
“hold.”

Semiconductor maker Micron
(
MU |
Quote |
Chart |
News |
PowerRating)
had its estimates cut by Bear Stearns based on the belief that
demand for DRAM will not likely rebound for at least two quarters.

Electronic instrument and
control company Tektronix
(
TEK |
Quote |
Chart |
News |
PowerRating)
beat its first-quarter earnings
estimates by $0.08 with profits of $0.15 a share.

Discount retailer Costco
(
COST |
Quote |
Chart |
News |
PowerRating)
has been upgraded by Merrill Lynch to to “buy” from “neutral.”