TradingMarkets’ 7 Stocks You Need To Know About Today
Two key investment bankers–Perella and Meguid–are leaving Morgan Stanley
(
MWD |
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PowerRating). No clues yet as to who else might be leaving with them.
Harley Davidson
(
HDI |
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PowerRating) reported earnings that beat expectations but
guided lower; the stock is trading lower pre-open.
McDonalds’s
(
MCD |
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PowerRating) raised Q1 guidance and now sees 0.56;Â same
store sales rose 6.8%.
The FDA denied Inamed’s
(
IMDC |
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News |
PowerRating) application to return silicon breast implants to the US market.
Biogen
(
BIIB |
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PowerRating) a Tysabri trial was successful; the drug is still
off the market.
Imclone
(
IMCL |
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PowerRating) pushed back its Erbitux approval filing and now
says it will seek approval by the end of the year. Fulcrum, Oppenheimer and CSFB
all downgraded the stock.
Prudential raised Wal-Mart
(
WMT |
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PowerRating) to ‘neutral’ from ‘sell.’ The
stock made a multi-year low yesterday.
Slumberger
(
SLB |
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News |
PowerRating) was raised to ‘outperform’ at Wachovia.
Oil Check:Â 51.42Â -0.44