TradingMarkets’ 11 Stocks You Need To Know About Today

Cisco (CSCO)
reported $0.21, in-line but guided lower. Net income was $1.4 billion and
revenues were shy of the expected $6 billion. Cisco often beats by a penny and
the stock traded down after hours. Juniper also traded lower after hours.

Pfizer
(
PFE |
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traded lower after a New York Times article said
that patients receiving Bextra had twice as many heart attacks as those given
placebos.

Advanced Micro Devices
(
AMD |
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was upgraded at Lehman.

Semi capital equipment stocks were downgraded at Morgan Stanley. (KLAC,
NLVS, AMAT, LRCX)

Microsoft
(
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introduces its Internet search service today. Watch
for reactions in Google
(
GOOG |
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  and Yahoo
(
YHOO |
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.

Hewlett Packard
(
HPQ |
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was downgraded to neutral from buy at UBS.

Dell
(
DELL |
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was downgraded to neutral from buy at UBS.

Merck’s
(
MRK |
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debt rating was downgraded by Moody’s.

Starbucks
(
SBUX |
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reports after the close; the estimate is 0.25.

DR Horton
(
DHI |
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beat estimates and guide higher.