The Stocks Wall Street Is Watching
The following stocks may be
impacted due to significant news as noted:
Investment bank JP Morgan
(
JPM |
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Chart |
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PowerRating) has lowered its third-quarter outlook as it claimed results will be
“well below” its second-quarter earnings.
Financial services company
Fannie Mae
(
FNM |
Quote |
Chart |
News |
PowerRating) has been downgraded by Merrill Lynch to “neutral” from
“buy”.
Drug company Abbot Labs
(
ABT |
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Chart |
News |
PowerRating) has been upgraded by Merrill Lynch to “buy” from “neutral”.
Construction services company
Lennar Corp.
(
LEN |
Quote |
Chart |
News |
PowerRating) has beat its third-quarter earnings expectations by 1
cent, with earnings of $2.01 per share. The company has also increased its
guidance for the year.
Athletic wear company Nike
(
NKE |
Quote |
Chart |
News |
PowerRating) beat its earnings estimates by 1 cent, with profits of $0.81 per
share.