Wednesday Morning Coffee with TradingMarkets
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Good Morning! |
AT&T’s iPhone Era Earnings Due Today … Fixing Fannie, Freddie for $25 Bn … Lower Crude = Higher USD/CAD? … Toyota Warns on 2008 Auto Sales …
Banks: Losses and Share Prices Soar on Tuesday
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TradingMarkets 5 Business Stories You Need to Know |
AT&T’s Free WiFi Snafu – ZDNet.com
On the eve of its first iPhone-era earnings announcement, AT&T tries to hype a free WiFi for iPhone users arrangement – with decidedly mixed results.
AT&T is the Featured Stock in our TradingMarkets Up or Down Stock Contest. You have until 4 p.m. EST today to tell us whether AT&T will be Up or Down on Thursday. Click here to register for free for your chance to win $1,000 by correctly guessing the direction of a stock!
Fannie, Freddie and the $25 bn Solution – Financial Times
$25 billion is the most-talked about price tag for a “rescue plan” for Fannie Mae and Freddie Mac as mortgage rates continue to climb toward one-year highs.
Up, Up and USD/CAD? – DailyFX
Does the fall in the crude of crude mean a higher USD/CAD? DailyFX’s currency analyst Terri Belkas weighs the odds on a USD/CAD breakout to the upside.
Slow sales are not just for SUV and big truck makers any more as Toyota lowers its revenue forecast for 2008
Banks Lead Financials, S&P Higher – Wall Street Journal
Promises to cut spending, slash dividends and generally “make better” by the end of 2009 helped send shares of Wachovia soaring after the bank reported record
losses for the second quarter.
For more stories as they happen, go to our Breaking News section.
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TradingMarkets 7 Stocks You Need to Know for Today |
Here are 7 stocks for traders for today from TradingMarkets.com:
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PepsiAmericas beat earnings estimates and raised guidance for the year on Tuesday. Pepsico
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PowerRating) reports earnings this morning, with analysts expecting EPS of $1.02. The stock was up more than 2% in advance of today’s announcement. - Promises to cut $2 billion by the end of 2009 and a major dividend cut sent shares of Wachovia
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PowerRating) soaring on Tuesday, despite the company’s abysmal earnings report. Shares of Wachovia ended the day higher by more than 27%. - This morning before the market opens, Boeing
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PowerRating) is expected to report earnings per share of $1.22 for the quarter. The stock was up a little more than 1% on Tuesday. - JetBlue Airways Corporation
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PowerRating) and US Airways Group Inc.
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PowerRating) both surprised analysts on Tuesday by beating estimates. JetBlue was up more than 15%. US Airways climbed by more than 58%. - Analysts are expecting McDonalds
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PowerRating) to report earnings per share of $0.86 this morning before the bell. The stock was up slightly yesterday. - AT&T
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PowerRating) reports earnings this morning before the open. Analysts are expecting EPS of $0.76. T was virtually unchanged when the markets closed on Tuesday.
For a list of today’s highest PowerRating stocks, click here.
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TradingMarkets 5 PowerRatings Stocks for Today |
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Company
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Symbol | PowerRatings |
| Gasco Energy Inc. | GSX | 9 |
| Capstone Turbine Corporation | CPST | 8 |
| Vaalco Energy | EGY | 8 |
| Vivus Inc. | VVUS | 8 |
| Tengasco Inc. | TGC | 8 |
| View More Stocks |
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TradingMarkets Making Great Traders |
Some Trends, They Never End – TradingMarkets
TradingMarkets Select Contributor Michael Parness shows traders how to understand when money is flowing into stocks, when it is not, and how to tell the
difference.
Gary Kaltbaum’s Weekly Conference Call Today! – TradingMarkets
Are you a member of Gary’s Gallery? Join Fox Business guest commentator and long-time TradingMarkets contributor Gary Kaltbaum in his weekly Conference
Call today at 1 p.m. Eastern at TradingMarkets.com. Come see the markets the way a pro sees the markets. Click the headline above to register for this free event.
9 Tips To Trading Without Emotion, Part 1 – TradingMarkets
TradingMarkets Select Contributor Markus Heitkoetter shows you how to keep your mind focused and on track when it comes to trading.
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