HEADLINE STOCKS-U.S. stocks to watch on May 26

Tue May 26, 2009 8:37am EDT
 
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 NEW YORK, May 26 (Reuters) - Some U.S. stocks to watch on
Tuesday:
 GENERAL ELECTRIC CO (GE.N)
 Jeff Immelt, the chief executive officer of GE, on Tuesday
said that growth at the company will be "harder to come by" in
coming years given the prospect that the global economy may
grow at a slower pace once it emerges from recession.
[ID:nT212130]
 Shares of GE, a Dow component, fell 10 cents to $13 in
premarket trading.
 BANK OF AMERICA CORP (BAC.N)
 Friedman Billings Ramsey upgraded the stock to market
perform, citing the successful completion of the first half of
the bank's capital plan. [ID:nBNG465139].
 Shares rose 7 cents to $11.14 in premarket trading.
 AMERICAN EXPRESS (AXP.N)
 FBR forecast a profit of 31 cents a share for American
Express (AXP.N) in 2009, compared with a previous estimate of a
loss of 17 cents a share. It cited cost cuts, debt transactions
and the anticipated pay down of TARP in the third quarter in
its decision. [ID:nWNAB3170].
 Shares slipped 0.6 percent to $23.25 in premarket trading.
 APPLE INC (AAPL.O)
 Morgan Stanley upgraded the tech company to overweight,
saying the iPhone maker is emerging as the clear leader in the
battle over mobile Internet and will see iPhone-driven earnings
growth over the next two years. [ID:nBNG62341]
 Shares rose 2.5 percent to $125.55 in premarket trading.
 UNITED THERAPEUTICS CORP (UTHR.O)
 The Food and Drug Administration approved the company's
orally administered drug tadalafil for the treatment of
pulmonary arterial hypertension. [ID:nBNG59984]
 Shares rose 9.7 percent to $73.01 in premarket trading.
 MAP PHARMACEUTICALS INC (MAPP.O)
 The company's experimental migraine drug reached all four
goals of a late-stage clinical study. [ID:nN25369616]
 Shares closed Friday at $3.15.
 AMGEN INC (AMGN.O)
 The company exercised its option to license Cytokinetics
Inc's (CYTK.O) cardiac contractility program, including the
rights to a heart-failure drug. [ID:nBNG488819]
 Shares of Amgen closed Friday at $49.30.
 FIRST SOLAR (FSLR.O)
 Barron's wrote that First Solar shares could take a hit if
its customers turn to lower-priced rivals as the price of
refined silicon falls. [ID:nN24420339]
 Shares of First Solar slid 4.5 percent to $183 in premarket
trading.
 THERMO FISHER SCIENTIFIC (TMO.N)
 Barron's wrote that shares of Thermo Fisher were poised to
recover after falling more than 40 percent in the past year,
and that the government's stimulus package could help lift
demand. [ID:nN24418867]
 Shares closed Friday at $36.26.
 DUKE ENERGY (DUK.N)
 The company may be building its last two coal plants to bet
instead on nuclear power, the company's chief executive said on
Tuesday. [ID:nLQ58965]
 Shares closed Friday at $13.69.
 (Reporting by Ryan Vlastelica; Editing by Kenneth Barry)


 

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