TradingMarkets’ 10 Stocks You Need To Know About Today
General Motors
(
GM |
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PowerRating) and Ford
(
F |
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PowerRating) were downgraded to ‘sell’
at Bank of America.
Federated Department Stores
(
FD |
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PowerRating) will buy May Department Stores
(
MAY |
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PowerRating) for $11 billion. The deal, which values May at $35.50, creates the
largest US department store chain.
Tiffany
(
TIF |
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PowerRating) beat by 0.02, but sees a lower Q1.
Biogen Idec
(
BIIB |
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PowerRating) and Elan
(
ELN |
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PowerRating) said they are
suspending of their MS drug Tysabri because if adverse events. BIIB was halted
pre-open; ELN was trading down substantially. Teva Pharmaceuticals
(
TEVA |
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PowerRating)
has a competing drug and is trading higher.
Wal-Mart
(
WMT |
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PowerRating) sees February sales up 4%
Heinz
(
HNZ |
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PowerRating) beat by a penny.