TradingMarkets 7 Stocks You Need to Know for Wednesday
Stocks rallied for the third consecutive day, boosted by $15 billion stock buyback at International Business Machines. The Dow gained +114.70, the S&P 500 +9.49, and the Nasdaq Composite +17.51.
Here are 7 stocks to watch on Wednesday…
International Business Machines
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PowerRating) approved a $15 billion stock buyback and raised its 2008 earnings outlook.
AFP reported that the EU will announce a heavy fine against Microsoft
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MSFT |
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PowerRating) on Wednesday.
CV Therapeutics
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CVTX |
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PowerRating), the biopharmaceutical company, missed earnings estimates by -$0.06, reporting a loss of -$0.57.
Covanta Holding Corp.
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CVA |
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PowerRating) beat Q4 2007 earnings estimates by $0.22.
Nortel Networks
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NT |
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PowerRating), the networking solutions supplier, is expected to report Q4 2007 earnings of $0.47, before the market open.
Also before the open, luxury home builder, Toll Brothers
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TOL |
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PowerRating), is expected to report a Q1 2008 loss of -$0.44.
Google
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GOOG |
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PowerRating) lost more than 4% after it was reported the number of people clicking its search ads declined in January.
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