7 Stocks you need to know for today

Amgen (AMGN | charts | news | PowerRating) said the F.D.A. approved its colon cancer drug Vectibix, a competitor to Imclone's (IMCL | charts | news | PowerRating) Erbitux. AMGN traded higher and IMCL traded lower on the news.

Federated (FD | charts | news | PowerRating) said that billionaire investor Carl Icahn plans to buy an additional $113 - $500 million in shares. "I just think it's undervalued," Mr. Icahn, who currently owns about 2 million shares, said

Safeco (SAFC | charts | news | PowerRating) said it will list its stock on the NYSE starting November 30. New symbol: SAF.

Resources Connection (RECN | charts | news | PowerRating) missed by $0.02

Family Dollar (FDO | charts | news | PowerRating) is scheduled to report before the open tomorrow; look for $0.23.

American Greetings (AM | charts | news | PowerRating) also reports before the open; look for ($0.16).