The Stocks Wall Street Is Watching
The following stocks may be
impacted due to significant news as noted:
Phone chip maker Qualcomm
(
QCOM |
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PowerRating) has increased its earnings guidance for the fourth-quarter due to
increased demand for its chips.
Office equipment maker Pitney
Bowes
(
PBI |
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News |
PowerRating) has been upgraded by Deutsche Securities to “buy” from
“hold.”
Semiconductor maker Micron
(
MU |
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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 |
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News |
PowerRating) beat its first-quarter earnings
estimates by $0.08 with profits of $0.15 a share.
Discount retailer Costco
(
COST |
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Chart |
News |
PowerRating) has been upgraded by Merrill Lynch to to “buy” from “neutral.”