Dividend.com: Morning Playbook

The markets are up slightly this morning, as we look to see whether it has any further momentum from Monday's last-hour buying blitz. Unfortunately, the volume was not good, so I am not getting excited at this point about jumping in aggressively here. Let's take a look at what traders should have on the radar today.

Story Stocks

Ceradyne(CRDN Quote): Company warns about a profit shortfall. Stock getting hit hard.

Men's Wearhouse(MW Quote): Good reaction so far to the retailer's earnings.

Texas Instruments(TXN Quote): Semiconductor giant raised estimates during mid-quarter update. Keep an eye on Broadcom(BRCM Quote) and Qualcomm(QCOM Quote) for any collateral beneficiaries.

Callaway Golf(ELY Quote): Company cut its dividend once again.

Navistar(NAV Quote): Engine-maker's stock getting hit hard following this morning's earnings release.

Upgrades to Watch

Safeway(SWY Quote): Jefferies upgrades the stock to a buy.

State Street Corp(STT Quote): Bernstein starts the stock as an outperform.

CSX Corp(CSX Quote): Goldman upgrades stock to a buy. $40 target.

U.S. Steel(X Quote): Morgan Stanley raises stock to an overweight. $45 target.

Apple(AAPL Quote): Upgraded by both Barclay's and Credit Suisse. $173 target at Barclay's and $165 at CS.

Best Buy(BBY Quote): Keybanc raises 2009 estimates. $45 target.

TD Ameritrade(AMTD Quote): FBR raises target to current stock price of $19.

Disney(DIS Quote): Barclay's sees box-office success as a catalyst. $32 target.

Freeport McMoran(FCX Quote): Merrill Lynch/BAC raises estimates on higher metal prices.

Downgrades to Watch

Masco(MAS Quote): Cut to a sell at UBS.

Hartford Financial(HIG Quote): Cut to a hold at Citigroup.