Stocks fluctuated Monday as investors grappled with concerns about companies' earnings power after U.S. bank Wachovia Corp. and Dutch conglomerate Royal Philips Electronics NV posted disappointing quarterly results.
Cardinal Health shares are slipping after a Goldman Sachs analyst took the drug distributor off a list of top stock picks because of its recent decline.
Shares of WD-40 Co. rose in Monday early trading, after a JPMorgan analyst upgraded the consumer products maker, touting its dip in stock price and international growth opportunities.
Shares of Cymer Inc. dropped Monday morning after an analyst downgraded the company, which makes lasers used in microchip manufacturing, saying a transition to a new product line is not having the expected positive effect.
Shares of eBay Inc. climbed on Monday morning after a Jefferies & Co. analyst raised his price target for the online auction company, saying he expects strong first-quarter earnings.
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