HEADLINE STOCKS - U.S. stocks to watch on Jan. 28
NEW YORK, Jan 28 (Reuters) - Some U.S. stocks to watch on Monday
BLACK & DECKER CORP (BDK.N)
The maker of power tools and home-improvement products, said on Monday that quarterly profit nearly doubled on big tax gains. [ID:nWNAS7946]
But shares of Black & Decker fell 7 percent to $65 before the bell on its lower-than-expected outlook. The stock closed at $69.98 on the New York Stock Exchange on Friday.
HALLIBURTON CO (HAL.N)
Oil field services company said its fourth-quarter net profit rose 5 percent, helped by growth in its Eastern Hemisphere business as well as by a lower tax rate. [ID:nN28421441]
Shares closed at 33.09 on the NYSE.
MERCK & CO. (MRK.N)
SCHERING-PLOUGH CORP SGP.N
New York Attorney General Andrew Cuomo subpoenaed Merck & Co (MRK.N) for documents and information to see whether the companies hid the results of a study on their cholesterol drug, Vytorin.[ID:nN26396256]
Also, UBS raised its recommendation on Merck to "buy" from "neutral," according to theflyonthewall.com. [RCH/US]
Merck shares closed at $47.79 on the NYSE. Schering-Plough closed at $19.02.
SALLIE MAE (SLM.N)
The troubled student lender reached a settlement on Sunday over its scuttled $25 billion buyout, The New York Times reported on Monday. [ID:nN28439106]
Shares closed at $19.88 on the NYSE.
COUNTRYWIDE FINANCIAL CORP CFC.N Continued...


