OtcBulletin: Wall Street News

Dow Stocks News:

BAC - posted great numbers and is sharply up in pre-market trading;
UTX - Beat street estimates by $0.02;
AXP American Express Stifel Nicolaus Price Target Raised Buy $62 to $67
AXP American Express Friedman Billings Price Target Raised Mkt Perform $58 to $67
PFE Pfizer Bear Stearns Downgraded from Outperform to Peer Perform
PFE Pfizer HSBC Securities Price Tgt Lowered Overweight $30.50 to $30
MCD McDonald's AG Edwards Price Target Raised Buy $47 to $50

Under Armour Priced Too High - Barron's
Hansen Natural shares could get a boost in '07-Barron's
Gap (GPS) announced that Paul Pressler is stepping down as president and CEO, following a disastrous holiday season for the retailer. - WSJ
Marsh & Mclennan said its insurance-brokerage unit has become the first foreign company to obtain a license to operate a wholly owned venture in China, in a sign of how Beijing is following through on pledges to allow strong competitors into parts of its financial sector. - WSJ
VPHM - moving to S&P 600;
Macau's gaming revenue surged 22% in 2006, surpassing the Las Vegas Strip as the world's biggest casino market. The Chinese city's gambling industry reaped $6.95B in revenue. Analysts estimate the Las Vegas Strip took in between $6.5 billion and $6.6 billion last year. Foreign investors are staking $20B on making the city the gambling capital of Asia. (Bloomberg)
CYBX Carl Icahn raises stake in Cyberonics to 2.51M shares from prior 606.7K;
TIN up 5% - Icahn files 13D....declares 6.73% stake;
China's Internet users increased 23% to 137 million, covering 10.5% of the country's population, at the end of 2006, and will likely grow more quickly in future, the China Internet Network Information Center said Tuesday.
China, the world's second-largest Internet market after the U.S., had 123 million users at the end of June, according to the center, which is directed by China's Ministry of Information Industry. - MarketWatch