TradingMarkets Mid-Day Movers

Stocks are flat ahead of the Fed announcement, expected at 2:15 PM ET.

November retail sales were slightly weaker than expected at +0.3%.
Business inventories for October rose 0.3%, slightly less than
expected.

Lehman Bros.
(
LEH |
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PowerRating) (PowerRating)
reported $2.76 vs. the $2.64 estimate and beat on revenues.

Best Buy
(
BBY |
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PowerRating) reported $0.28 vs. the $0.30 estimate and sees
$1.06 – $1.16 vs. the $1.16 Reuters estimate. The stock was downgraded to
neutral at CSFB.

Proctor & Gamble
(
PG |
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PowerRating) (PowerRating)
said earnings will come in at the tope end of the range, topping consensus..

Boeing
(
BA |
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PowerRating) (PowerRating)
increased its dividend by 20%, to $0.30/quarter.

After the close, CNBC, citing Standard & Poor’s, said a General Motors

(
GM |
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PowerRating) bankruptcy “is not a far-fetched possibility.” GM said it had no
plans to file for bankruptcy.

Rohm & Haas
(
ROH |
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PowerRating) guided higher, to 0.65 – 0.70 for Q4. The
company will cut 400 jobs in a restructuring

Citigroup downgraded both Nucor
(
NUE |
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PowerRating) and U.S. Steel
(
X |
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PowerRating)
to hold from buy.