Friday, January 4, 2008

Stocks To Keep Your Eye On - 01/04/2008

Company/EPS Estimate
- (TXI)/.88
- (AZZ)/.54

Atwood Oceanics Inc. (ATW) The offshore drilling company said it received a contract from Chevron Corp's Australian unit for a drilling rig. The stock rose $2.85 to $104.77 in regular trading.

Regions Financial Corp. (RF) The biggest bank based in Alabama said it will increase its reserve for loan losses by $270 million for the fourth quarter because of slowing real estate markets in Florida and Georgia. The stock was unchanged at $23.28 in regular trading.

Watch RIG, MOS, VIP, JEC, CRM , CBI for long breakouts.

Watch FDX, HOC, DD, BDK, MHK, MTB, STU for short breakdowns.

-MM