NEW YORK--(BUSINESS WIRE)--March 18, 1999--Read the following
articles exclusively at S&P Personal Wealth
(http://www.personalwealth.com). Standard & Poor's is a division of
the McGraw-Hill Companies:
"S&P Reiterates Accumulate on AMR Shares"
Standard & Poor's reiterated its 4 STARS (accumulate) ranking on
shares of AMR Corp. (NYSE:AMR). Analyst Stephen Klein expects the
shares to recover after some initial weakness this morning related to
the announcement late yesterday that profits for the first quarter
will fall below the Wall Street consensus of $0.65 per share. Klein
cut his 1999 earnings per share estimate to $5.80 from $6.70, but
still thinks AMR stock is undervalued at 8.9 times his 2000 estimate
of $6.50. Word on the Street brings you comments every trading day
from Wall Street's top equity analysts on stocks or industries that
are moving significantly.
"Short Term Action Looks Limited"
The short term (next two days) remains vulnerable to
profit-taking, but both upside and downside appear limited for
Thursday and Friday, says S&P Market Analyst Paul Cherney. However, he
is becoming somewhat concerned by the number of NYSE new 52-week lows
being generated, and notes that if the number were to punch past 120,
it would not be a good omen for the markets. MarketViews provides the
thoughts of leading investment strategists, portfolio managers and
other market mavens on the stock and bond markets and the state of the
economy. MarketViews also features Paul Cherney's market commentary
every weekday evening.
"Engelhard Corp. Sees 1st Quarter Earnings Below Wall Street
Engelhard Corp. (NYSE:EC) sees lower than expected first quarter
earnings per share of about $0.28, citing a difficult comparison with
unusually high earnings from its industrial commodities management
business in the year-earlier quarter. Other stocks featured in this
morning's MarketMovers include General Cable (NYSE:GCN), Aetrium Inc.
(Nasdaq:ATRM), CMGI Inc. (Nasdaq:CMGI), RF Monolithics (Nasdaq:RFMI),
Advanced Lighting Technologies (Nasdaq:ADLT), General Electric
(NYSE:GE), Herman Miller (Nasdaq:MLHR), Restoration Hardware
(Nasdaq:RSTO), Peapod Inc. (Nasdaq:PPOD), and York International
S&P Personal Wealth (www.personalwealth.com) is the award winning
service created specifically for individual investors by Standard &
Poor's. Investment management features include personalized portfolio
recommendations; buy, sell, and hold alerts; free real-time quotes,
live market commentary; and in-depth analysis and research on
companies and funds from hundreds of Standard and Poor's analysts
worldwide. S&P Personal Wealth, recently described as "...easily the
best one-stop shopping site for investors.." by Money.com, can also be
reached through leading on-line service partners such as AOL,
Netscape, Lycos, Quicken / Excite, ABCNEWS.com, Hearst HomeArts, and
Press spacebar to pause and continue. Press esc to stop.