[This Is A Rush Transcript. This Copy May Not Be In Its Final Form And May Be Updated. Deborah Marchini, Cnn Anchor:] And now we're going to get to look at stocks are moving this morning. Sasha Salama is at the Nasdaq marketsite. What should we be looking at, Sasha?
[Sasha Salama, Cnn Correspondent:] Hi there, Deb. A couple of biotechs to watch today. Chiron is one of them CHIR. The company reported profits of 21 cents. That was 1 cent better than what Wall Street had expected and as if that's not good enough news for shareholders, Chiron also raising its outlook for fiscal year '01, saying that higher sales for its meningitis vaccine really prompting it to force that outlook higher, which certainly is welcome news. Another biotech to watch today is Amgen. Amgen reports its results after the close today; 28 cents a share is expected for Amgen. Some other big names that come out with results after the close include Starbucks, the specialty coffee retailer, looking to report 12 cents a share, which would be actually higher than year-ago results. That's something unusual these days. And also maker of wireless technology, Qualcomm, reports results QCOM expected to come in with 21 cents a share lower from the year-ago. Another stock to watch today is Homestore.com HOMS is rallying already in the premarket. It's up more than $2 a share. The company, which is an online real estate company, reported 13 cents a share in profits 2 cents better. And the company also said that revenues and earnings, not just for this year, but for next year should be higher than expectations this coming against the backdrop of a relatively strong housing market, which has held up pretty well amid the backdrop of this slowing U.S. economy so HOMS already is a winner in the premarket Deb.
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