Thursday Morning Coffee with TradingMarkets
Good Morning! |
U.S. Stocks Finish Unchanged … Asian Stocks Advance on Weaker Yen … Obama Announces Housing Rescue Plan … Falling Oil Prices Hit Canadian Economy … Earnings on Deck for Today Include: EXPE, NEM, GG, HRL, S …
TradingMarkets 7 Stocks You Need to Know for Today |
Here are 7 stocks for traders for today from TradingMarkets.com:
- Reporting earnings Wednesday after the close, Hewlett Packard
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PowerRating) announced earnings that were in-line with analyst expectations. Revenue for the first quarter was less than expected and the stock moved lower immediately after the earnings report. - Expedia Inc.
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PowerRating) reports quarterly earnings Thursday before the market opens. Analysts are expecting earnings per share of 22 cents. - Also announcing fourth quarter earnings Thursday before the bell are a pair of gold mining companies. Goldcorp
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PowerRating) is expected to report earnings per share of 12 cents. Newmont Mining Corporation
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PowerRating) is expected to announce EPS of 0.26. - 51 cents per share is what analysts are expecting from Hormel Foods
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PowerRating) when it reports quarterly earnings Thursday morning. - Analysts are expecting a loss of three cents per share when Sprint Nextel
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PowerRating) announces quarterly earnings Thursday before the market opens. - Stabilizing sales of heart defibrillators were among the factors Medtronic Inc.
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PowerRating) CEO William Hawkins credited for the company’s strong earnings performance, which beat analyst estimates by one cent on Tuesday. - Tesoro
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PowerRating) reports quarterly earnings Thursday after the market closes. Analysts are expecting EPS of 91 cents.
For a list of today’s highest PowerRating stocks, click here.
TradingMarkets 5 PowerRatings Stocks for Today |
Company
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Symbol | PowerRatings |
InterMune Inc. | ITMN | 10 |
Knight Capital Group Inc. | NITE | 9 |
CH Energy Group | CHG | 9 |
Western Refining Inc. | WNR | 8 |
Tesoro Corporation | TSO | 8 |
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Continued strength in the U.S. dollar as resulted in higher levels for the PowerShares DB U.S. Dollar Index Bullish ETF and lower levels for exchange-traded funds linked to international currencies like the CurrencyShares Japanese Yen Trust ETF.
TradingMarkets Daily PowerRatings Analysis |
PowerRatings and the Trading Pause That Refreshes – TradingMarkets
Traders were in a wait and see mode following Tuesday’s dramatic sell-off. Find out what we need to see in order to know where the next edges for short term traders will be found.
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