News Corp. Upgraded, Tween Brands Downgraded

Stocks look set to rise today, after Tuesday's drubbing. Among today's stocks to watch are Bombardier, Williams-Sonoma and Altria Group.

Bombardier reported a loss for the second quarter, net income fell 27% at Williams-Sonoma (NYSE: - ) and Altria (NYSE: - ) is considering spinning-off its international division.

Today's Upgrades:

Two stocks were upgraded to PowerRatings (for Investors) of 10, the highest rating. The top rated stocks have historically done a superior job of identifying stocks which have risen in value over the next 12 months. Among today's list of upgrades is:

News Corp. (NYSE: - ) has a PowerRating (for Investors) of 10, upgraded from 9. The company has operations in eight industry segments, including Filmed Entertainment, Television, Cable Network Programming, Direct Broadcast Satellite Television, Magazines and Inserts, Newspapers, Book Publishing and Other.

Earlier today, MySpace announced its first nationwide concert tour.

Today's Downgrades:

Two stocks were downgraded to an unattractive PowerRating (for Investors) today. Stocks with low PowerRatings (for Investors) have tended to underperform the market over the next 12 months. Among today's list of downgrades is:

Tween Brands (NYSE: - ) was downgraded to 3, downgraded from 4. The company sells apparel, accessories, footwear, lifestyle and girl-care products to fashion-aware, trend-setting "tween" girls.

Market Wire reported yesterday that a class action lawsuit was filed on behalf of investors alleging "that during the Class Period the Company and its Chairman and Chief Executive Officer, violated federal securities laws by issuing various materially false and misleading statements that had the effect of artificially inflating the market price of the Company's securities and causing Class members to overpay for the securities."

PowerRatings (for Investors) are courtesy of .