TradingMarkets’ 12 Stocks You Need To Know About Today
Novartis
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NVS |
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PowerRating) is bidding $4.5 billion ($40/share) for Chiron
(
CHIR |
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PowerRating).
Lehman Brothers upgraded the refiners: Sunoco
(
SUN |
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PowerRating), Tesoro
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TSO |
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PowerRating), Frontier
(
FTO |
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PowerRating), and ConocoPhillips
(
COP |
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PowerRating).
Watch the manufactured homes group:
(
CAV |
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PowerRating),
(
FLE |
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PowerRating),
(
CHB |
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PowerRating),
(
MODT |
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PowerRating),
(
SKY |
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PowerRating) and
(
PHHM |
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PowerRating). After Hurricane Ivan, FEMA used many manufactured
homes.
Costco’s
(
COST |
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PowerRating) Augst same store sales rose 9%.
Sharper Image’s
(
SHRP |
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PowerRating) August same store sales fell 14%, more
than expected.
Pier One’s
(
PIR |
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PowerRating) August same store sales fell 12.4%.
Wet Seal’s
(
WTSLA |
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PowerRating) August same store sales jumped 48%, more than
expected.
XM Satellite Radio
(
XMSR |
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PowerRating) and Sirius
(
SIRI |
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PowerRating) were
upgraded top outperform at Wachovia.
Starbucks
(
SBUX |
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PowerRating) was upgraded to overweight at Lehman.