Drug Retail

Pre-open movers US stock futures fell today, as investors remain concerned over the financial health of the European banks just prior to the start of the Federal Reserve’s two-day meeting to set interest rates. A Peek Into the Global Markets All European markets have opened in the red today,...

• Walgreen (NYSE:WAG) posted a fiscal third quarter earnings of 53 cents a shares, 4 cents below Zacks projections. Revenues of $17.2 billion, a 6.1% increase, were above Zacks estimates of $17.1 billion • Intel (NASDAQ:INTC) and the FTC are reportedly in talks over a possible antitrust settlement...

U.S. index futures are down slightly this morning. Following a sell-off in European equities, stocks appear ready to open lower amid fears on the health of foreign banks. Fitch downgraded French bank PNB Paribas Monday and the European banking sector suffered deeply on Tuesday. PNB Paribas...

Some of the stocks that may grab investor focus today are: Wall Street expects Walgreen (NYSE: WAG) to report its Q3 earnings at $0.59 per share. WAG’s shares gained 0.20% to $30.20 in after-hours trading. Analysts are expecting Carnival (NYSE: CCL) to have earned $0.29 per share in the second...

Cusick’s Corner The trade so far today is uneventful, just whipping around in a tight range into the Midday. Gold is about the only thing that is moving today, GLD, and this time there is no domestic or foreign reason (but one of my more conspiracy driven cohorts pointed out, you never hear what...

At 10:41 a.m., the Dow gained 53.96, or 0.52%, to 10,463.42, the broader Standard & Poor's 500 index moved up 3.27, or 0.29%, to 1,119.31 and the NASDAQ composite index soared 11.13, or 0.48%, to 2318.29. The industries that are driving the market today are: Drug Stores: The top gainer of the...

• Best Buy (NYSE:BBY) posted fiscal first quarter earnings of 36 cents a share, versus Zacks estimates of 50 cents, on revenues of $10.8 billion which came in below estimates of $10.95 billion • CBOE Holdings (NASDAQ:CBOE) priced its initial offering late Monday at the top end of its $27-$29 range...

Cusick’s Corner Today’s report of an unexpected drop in May retail sales was balanced later by an unexpected increase in consumer sentiment. Today’s trading range was relatively tight, volume was light, but all major stock indices closed higher possibly due to some end-of-day short covering. The...

On CNBC's Fast Money, Guy Adami said that he wants to buy Akamai Technologies, Inc. (NASDAQ: AKAM), because this stock can perform well in any tape. Akamai Technologies, Inc. (AKAM) jumped 3.43% to $44.30. Tim Seymour likes the dividend yield in Telefonica S.A. (ADR) (NYSE: TEF), and recommends a...

Analysts at Thomas Weisel downgrade Walgreen Company (NYSE: WAG) from "overweight" to "market weight." WAG’s shares soared 0.44% to close at $29.96 yesterday. More Analyst Ratings here

Cusick's Corner The Euro is up -- overseas markets showed strength. There has been some flight from safety today – Gold is down, Dollar down and money has flowed to other sectors like Energy. BP is up after yesterday’s plunge in the stock (see Implied Volatility Movers) and Transocean (RIG) has...

Cusick’s Corner Small Caps like the RUT and bigger sectors like Financials and Energies are continuing to pullback -- longs into the Midday are looking pretty beat up. The market action can generally be described as some small buying on new lows, then the market recovers and at the end of a...

• Apple (NASDAQ:AAPL) introduced its latest iPhone, iPhone4, slated for June 24 release. The new model, a thinner version, offers over 100 features including video-chatting capabilities • Talbots (NYSE:TLB) reported first quarter earnings of 38 cents a share, versus Zacks expectations of 17 cents,...

Cusick’s Corner We are experiencing some whippy action into the Midday, but it has been within Friday’s range. The lows are continually being challenged throughout today’s session, but there’s no major follow through, indicating that the potential for a late push to the upside could possibly be in...