Stocks in focus today
Wednesday, May 16, 2007
Stocks Upgraded this morning:

TIVO, OMX, PAYX, BRCD

Downgraded this morning include:

AMAT, BSC, RTSX, LTD, TXN

Stocks in action :

AMAT - Applied Materials reported better-than-expected earnings after the close Tuesday, but disappointed with guidance.

FD - Federated Department Stores reported a quarterly profit, compared with a year-earlier loss, as gross margins improved but it said sales were "disappointing" at new Macy's stores.

Macro Economic news reported today :

- Housing Starts for April rose to 1528K versus estimates of 1480K and 1491K in March.
- Building Permits for April fell to 1429K versus estimates of 1520K and 1569K in March.
- Industrial Production for April rose .7% versus estimates of a .3% gain and a -.3% decline in March.
- Capacity Utilization for April rose to 81.6% versus estimates of 81.5% and 81.2% in March.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.

Bye for now,

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posted by Pro Investor Trader at 10:54 AM | Permalink


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