The Stocks Wall Street Is Watching
The following stocks may be
impacted due to significant news as noted:
Computer services company
EDS
(
EDS |
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Chart |
News |
PowerRating) issued a profit warning after the bell Wednesday, claiming
spending on services has virtually stopped.
Also in the computer services
business,
International Business Machines
(
IBM |
Quote |
Chart |
News |
PowerRating) is under pressure from an
earnings warning by EDS, and had its estimates cut by JP Morgan.
Shipping company
Federal Express
(
FDX |
Quote |
Chart |
News |
PowerRating) beat its first
quarter earnings expectations by $0.03 with profits of $0.52 per share.
Financial services company
Morgan
Stanley
(
MWD |
Quote |
Chart |
News |
PowerRating) missed its third quarter earnings estimates by $0.12
with profits of $0.55 per share.
Also in the financial services
sector,
AG Edwards
(
AGE |
Quote |
Chart |
News |
PowerRating) missed its second quarter estimates by $0.12 with
profits of $0.33 a share.