Thursday, July 12, 2007

Stocks To Keep Your Eye On - 07/12/07

- (FLE)/-.31
- (MAR)/.53
- (PGR)/.45
- (TXI)/1.05

Watch DK, ICA and CUB for long breakouts.
Watch CLI, O, and BSC for short breakdowns.

Watch LMT and RTN as upgrades.
Watch NOC as a downgrade.

U.S.-based Alcoa's (AA) hostile bid for the Canadian aluminum firm Alcan (AL) has been topped by a deal announced Thursday by Anglo-Australian mining firm Rio Tinto (RTP) to buy the company for $48.1 billion.

The world's No. 2 biotech firm Genentech (DNA) announced Wednesday evening that its profit surged 41 percent, helped by the sales of cancer drugs Rituxan and Avastin.




-MM