Tuesday, August 28, 2007

Stocks To Keep Your Eye On - 08/28/2007

- (BGP)/-.33
- (DY)/.32
- (NX)/1.00

American Eagle Outfitters Inc. (AEO) The U.S. clothing retailer was recommended by CNBC ``Mad Money'' host Jim Cramer, who said shares of the company are being purchased by insiders. American Eagle shares fell 65 cents to $25.20 in regular trading.

Burlington Northern Santa Fe Corp. (BNI) gained 20 cents to $80.53 in trading before U.S. exchanges opened. Billionaire investor Warren Buffett's Berkshire Hathaway Inc. increased to 15 percent its stake in the second-largest U.S. railroad.

Coachmen Industries Inc. (COA) The maker of recreational vehicles suspended its 3-cents-a-share quarterly dividend, citing a need to conserve funds because of economic conditions. The stock lost 2 cents to $7.48 in regular trading yesterday.

Kohl's Corp. (KSS) The fourth-largest U.S. department- store company will benefit from new private-label brands, Cramer said on his ``Mad Money'' program. Kohl's fell $1.87, or 3.2 percent, to $57.05 in regular trading.

Lehman Brothers Holdings Inc. (LEH) fell $1.41, or 2.4 percent, to $56.34 in trading before U.S. exchanges opened. Lehman, Bear Stearns Cos. and Citigroup Inc. were cut to ``neutral'' from ``buy'' by Merrill Lynch & Co. analysts, who wrote that it seems ``inevitable'' revenue from underwriting and advising on takeovers will slow.

The Merrill analysts led by Guy Moszkowski also cut their profit estimates for the three New York-based banks, as well as for JPMorgan Chase & Co.

Bear Stearns (BSC) dropped $2, or 1.8 percent, to $110.20. Citigroup (C) lost 79 cents, or 1.7 percent, to $47. JPMorgan (JPM) declined 11 cents to $44.80.

Watch LUK, OII, CMG for long breakouts.
Watch CFC, CHS, ARO, SOV, GS for short breakdowns.