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Dividend.com: Morning Playbook

Stocks in this article: AMZN GOOG EMC

We are hearing of more stock offerings from managements that understand the liquidity window will not stay open forever. Let's take a look at what's moving the market and what areas of the market you should be focused.

M&A:

EMC (EMC): Indicated lower after announcing bid for Data Domain (DDUP). This move is in reaction to Network Appliance's (NTAP) bid for Data Dominion.

Cameron (CAM): Opened slightly lower after announcing a takeover of Natco Group (NTG), an oil-services competitor.

Share Offerings:

Morgan Stanley (MS), American Express (AXP), Express Scripts (ESRX): All three opened lower after the companies announced they would be selling shares.

Story Stocks:

Pepsi Bottling Group (PBG): Raised estimates for second-quarter and full-year 2009 EPS.

Walgreen (WAG): May same-store sales rose 1%.

Upgrades to Watch:

Lockheed Martin (LMT) and General Dynamics (GD): Both stocks were upgraded to outperform at Morgan Keegan.

Bucyrus (BUCY) and Joy Global (JOYG): Both stocks had their target prices raised by Barclay's (BCS).

Intuitive Surgical (ISRG): High beta play upgraded to a buy at Needham. This is going to be a stock to watch for momentum investors today.

Downgrades to Watch:

Bankrate (RATE): Cut to a hold at Citigroup (C).

Juniper Networks (JNPR): Downgraded to neutral at UBS (UBS).

Fast Movers to Watch:

Google (GOOG), Priceline (PCLN), Baidu (BIDU) and Amazon (AMZN): All four of these big-name tech stocks are coming off big days yesterday and will be the gauge for for any continued high-beta strength.

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