Amazon launched its next-generation Kindle, which is faster, lighter and smaller. The move sets Amazon up for the holiday shopping season and puts pressure on rivals, notably Barnes & Noble as well as Sony, to create next-generation devices.

Filed under: Indices , DJIA If you sense that the U.S. stock market recently seems to trade up one day on a good data point, then trade down the next, when a negative data point is released, you’re not the only one. Further, look for the Dow to remain range-bound, with rallies and pull-backs containing little conviction, until the U.S.

Filed under: Analyst Reports , AT and T (T) , Technical Analysis Wednesday morning, Standard & Poor’s announced that it may cut AT&T ‘s ( T ) credit rating because the company could have trouble reducing its debt load within a “reasonable timeframe.” The ratings house placed the communications firm on CreditWatch negative with implications, which includes the company’s “A” rating and its “A-1″ short-term and commercial paper ratings.

Filed under: Major Movement , Earnings Reports , Options , Technical Analysis Buffalo Wild Wings ( BWLD ) is significantly higher after the restaurant chain topped analysts’ second-quarter earnings expectations. After Tuesday’s closing bell, Buffalo Wild Wings reported a quarterly profit of $9.2 million, or 50 cents per share, up from its year-ago earnings of $7.0 million, or 39 cents per share

Filed under: Analyst Reports , Analyst Upgrades and Downgrades , Analyst Initiations , DreamWorks Animation (DWA) Analyst Upgrades Piper Jaffray upgraded Dreamworks ( DWA ) to overweight from neutral following the company’s Q2 results. The firm also raised its target for shares to $38 from $30.