Stocks on the Move

The Securities and Exchange Commission announced a preliminary inquiry into the bankruptcy rumor-fueled drop in shares of UAL Corporation (NasdaqGS:UAUA - News) according to a report from MarketWatch. The Short Term PowerRating for UAUA is 5.
General Motors (NYSE:GM) gained more than 11%, emerging as the Dow's biggest gainer on Thursday. The Short Term PowerRating for GM is 2.
The Wall Street Journal reported late in the day that Bank of America (NYSE:BAC) was in talks to buy Lehman Brothers Holdings (NYSE:LEH). The Short Term PowerRating for BAC is 5. The Short Term PowerRating for LEH is 6.
Up more than 10% on Thursday, CSX Corporation (NYSE:CSX), reached a three-day closing high after pulling back to oversold extremes on Tuesday. The Short Term PowerRating for CSX is 5.
Research in Motion (NasdaqGS:RIMM)announced a deal to use Microsoft's (NasdaqGS:MSFT) search engine on its popular Blackberry line of smartphones. The Short Term PowerRatings for RIMM and MSFT are both 4.

Labels: BAC, CSX, GM, LEH, Stocks, Stocks to Watch

Yahoo (NasdaqGS:YHOO) rallied late in the day to finish down 15% after Microsoft withdrew its bid for the company. The Short Term PowerRating for YHOO is 5.
Shares of Sprint (NYSE:S) rallied on the news that the company was considering selling or spinning off Nextel as an independent entity. The Short Term PowerRating for S is 5.
Fannie Mae (NYSE:FNM) announces earnings before the open on Tuesday, with analysts expecting EPS of -$0.81. The Short Term PowerRating for FNM is 4.
Bank of America (NYSE:BAC) announced that it planned to complete its take over of Countrywide Financial despite an analyst report critical of the takeover. The Short Term PowerRating for BAC is 4.
Reporting earnings before the market opens on Tuesday, Sara Lee LE is expected to announce earnings per share of $0.24. The Short Term PowerRating forSLE is 4.
The box office success of "Ironman" encouraged traders to bid shares of Marvel Entertainment (NYSE:MVL) higher by more than 9% on Monday. The Short Term PowerRating for MVL is 5.
Shares of General Motors (NYSE:GM) lost more than 3% on news of a labor dispute at a plant in Kansas. The Short Term PowerRating for GM is 2.

Labels: BAC, FNM, GM, Hot Stocks, MVL, S, YHOO

Exxon Mobil (NYSE:XOM) announced first quarter profits of $10.9 billion but still fell short of analyst expectations causing a pull back in the stock.
General Motors (NYSE:GM) reported U.S. auto sales of -16.3% and truck sales of -26.5%.
Shares of Las Vegas Sands (NYSE:LVS) fell nearly 6% after the casino operator reproted disappointing earnings results.
After the close, competitor Wynn Resorts (NYSE:WYNN) missed estimates by $0.01.
Sun Microsystems (NasdaqGS:JAVA) reported revenue of $3.27 billion, a 0.5% decline from the year ago quarter.
Before the market open, Chevron (NYSE:CVX) is scheduled to report, with analysts looking for $2.41 per share.
And finally, Nortel (NYSE:NT) is expected to report a loss of -$0.14.

Labels: Chevron, CVX, General Motors, GM, Hot Stocks, JAVA, Las Vegas Sands, LVS, Nortel, NT, Sun Microsystems, WYNN, Wynn Resorts, XOM