The Stocks Wall Street Is Watching
Software maker Adobe Systems
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PowerRating) has beat its
third-quarter earnings consensus by 3 cents with profits of 22 cents per share.
Medical supply company Baxter International
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PowerRating) is
reported by the FDA to be potentially linked to five deaths through their
dialysis machines. The company has also been downgraded by Goldman Sachs to
“market perform” from” market outperform”.
Software company SAP
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PowerRating) has been downgraded by UBS
Warburg to “hold” from “buy” based on channel checks that suggest fourth-quarter
revenue should be flat, instead of the 5-10% growth anticipated by the company.
Aerospace and defense company Honeywell
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PowerRating) reduced its
third-quarter profit estimates, and has been downgraded by JP Morgan to “market
perform” from “buy”.