Morning News Roundup

Here are some highlights from this morning's news roundup:

• Asian and European markets drop overnight
• 4Q GDP revised lower to +2.2% (vs. +2.3% consensus)
• RADVision profiled in New America section of IBD
• Home Depot issues downside revenue guidance for FY08
• VeraSun Energy beats by $0.07
• Mortgage Applications +3.2% for the week ended Feb. 23
• Joy Global misses by $0.09; guides FY07 in-line
• King Pharms beats by $0.04, beats on revs
• Station Casinos beats by $0.08, ex items
• Merrill downgrades Select Brokers to Neutral from Buy
• MRK guides Q1, FY07 EPS above consensus
• Palomar Medical upgraded to Buy at WR Hambrecht
• Martha Stewart beats by $0.06
• Wynn Resorts tgt upped to $111.50 at Jefferies
• Target raised to $70 from $65 at BofA
• Boeing talking to 15 cos on 747-8 in Asia, Europe, Mid East
• Int'l Securities Exchange announces record daily trading volume
• Deckers Outdoor tgt raised, earlier, to $86 from $63 at Lazard
• New Home Sales 937K vs 1080K consensus

long ISE