Dividend.com: Morning Playbook

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.