TradingMarkets 7 Stocks You Need to Know for Wednesday
Stocks surged on Tuesday after the Federal Reserve made $200 billions of treasuries available in exchange for mortgage backed securities.
The Dow gained +416.66, the Nasdaq Composite +86.42, and the S&P 500 +47.28.
Here are 7 stocks to watch…
The EU approved Google’s
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PowerRating) $3.1 billion acquisition of DoubleClick.
In related news, a federal judge ruled that Viacom
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PowerRating) can’t pursue $1 billion in punitive damages against YouTube, a unit of Google, for copyright infringement.
Wellpoint
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PowerRating) plunged more than 28% after missing earnings estimates.
After the close, J. Crew Group
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PowerRating) reported earnings in-line with estimates and raised guidance.
Take-Two Interactive Software
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PowerRating) beat Q1 estimates by $0.10 and issued Q2 guidance in-line.
Before the market open on Wednesday, Vimpel Communications
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PowerRating) is expected to report earnings of $0.39.
American Express
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PowerRating) was the biggest gainer in the Dow today, rising 9.47%. Do you think American Express will close up or down on Thursday? Play TradingMarkets Up or Down Daily Stock Contest for the chance to win $1000 every month by predicting the direction of a stock.