Tuesday, August 21, 2007

Stocks To Keep Your Eye On - 08/21/2007

- (ACS)/.87
- (ADI)/.37
- (BJ)/.41
- (DKS)/.76
- (MDT)/.61
- (PBY)/.10
- (SKS)/-.16
- (TGT)/.80
- (TOL)/.02

Capital One Financial Corp. (COF) dropped 22 cents to $66.50 in extended trading. The largest independent U.S. credit card issuer said it shut its GreenPoint Mortgage unit because weak demand from investors who buy residential home loans makes it too hard to turn a profit. About 1,900 jobs will be lost, and the company expects to take a charge of $2.15 a share, mostly in this year.

LSI Corp. (LSI) rose 18 cents, or 2.9 percent, to $6.36 in extended trading. Infineon Technologies AG (IFX GR), Europe's second-biggest maker of semiconductors, agreed to buy LSI's mobility products group for about $445 million.

Target Corp. (TGT) The second-largest U.S. discount chain said sales at stores open at least a year may rise as much as 6 percent in August, within its forecast range. The stock rose 61 cents, or 1 percent, to $59.70 in extended trading.

Watch LUK, ZNH for long breakouts.
Watch CFC, KSS, WYE, MHP, BAX for short breakdowns.

-MM