TradingMarkets’ 10 Stocks You Need To Know About Today

Genentech
(
DNA |
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and Imclone
(
IMCL |
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will be in
focus after Novartis and Schering AG announced they would delay plans to market
their experimental cancer drug.

Interactive Corp
(
IACI |
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PowerRating)
may be near a deal to buy Ask Jeeves
(
ASKJ |
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. ASKJ is trading higher pre-open.

Medecis
(
MRX |
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is buying Inamed
(
IMD |
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. Inamed
shareholders will receive  1.4205 shares of Medecis stock and $40 cash.

General Motors
(
GM |
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PowerRating)
will cut up to 28% of its white collar work
force. Just last week the company sharply cut its 2005 forecast.

The Financial Times reports that Oracle
(
ORCL |
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PowerRating)
may be
interested in BEA Systems
(
BEAS |
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PowerRating)
.

Barron’s mentioned eResearch
(
ERES |
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News |
PowerRating)
as a possible short.