Thursday Morning Coffee with TradingMarkets
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Good Morning! |
Kellogg Reports Earnings Before the Bell … Visa Profits Up on Consumer Credit Card Use … New Zealand Looks to Cut its Rate Again … Banks Bring Stocks
Higher Again on Wednesday … Food Subsidy Argument Blocks WTO Trade Agreement
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TradingMarkets 5 Business Stories You Need to Know |
Kellogg: Keeping it Clean with Kids – The New York Times
Kellogg, with its popular brands of breakfast cereal, are among the companies whose marketing to children is being increasingly monitored by the Federal Trade
Commission. Kellogg reports quarterly earnings Thursday morning before the opening bell.
Kellogg is the Featured Stock in our Up or Down Stock Contest. You have until 4 p.m. EST today to tell us whether you think Kellogg will be Up or
Down on Friday. Click here to play our TradingMarkets Up or Down
Stock Contest for your chance to win $1,000 a month by correctly guessing the direction of a stock!
Profits Soar at Visa – Bloomberg
Some businesses may be starving for credit, but there’s no crunch in the average consumer’s appetite for credit – as the growing earnings at credit card company Visa
attest.
Will More Cuts Come to the Kiwi? – Financial Times
The possibility of further rate cuts in New Zealand kept the selling pressure on the country’s dollar, affectionately known as the “kiwi.” The cash rate currently stands
at 8%.
target=”_blank”>Banks Buoy Stocks for a Second Day – Wall Street Journal
A second day of gains brings the Dow industrials and S&P 500 higher. Both financial stocks and energy stocks were among the Wednesday’s best performing
sectors.
World Trade Talks End in Food Fight – BusinessWeek
A fight over agricultural subsidies appears at the center of the failed trade talks, as both China and India rejected U.S. proposals.
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:
- Greater domestic demand and higher global sales were credited by Cummins Inc.
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CMI |
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PowerRating), which beat analyst’s earnings estimates by 26 cents. - In an effort to cut costs, General Motors
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PowerRating) announced its plan to lay off 15% of its salaried workforce, or approximately 5,000 jobs, by November. - Additional revenues from a recent acquisition helped Owens Corning
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OC |
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PowerRating) beat analyst’s earnings estimates on Wednesday. The stock was up more than 8%. - Analysts are expecting earnings per share of $2.02 when MasterCard
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MA |
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PowerRating) reports earnings before the market opens this morning. - Exxon Mobil
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XOM |
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PowerRating) is expected to report earnings per share of $2.52 Thursday morning before the open. - Shares of Garmin
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GRMN |
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PowerRating) suffered their worst session decline in years as the company missed estimates and lowered its forecast for 2008. - Kellogg
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K |
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PowerRating) reports earnings Thursday morning before the bell. Analysts are expecting EPS of $0.81.
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 |
| GTX Inc. | GTXI | 8 |
| GoldCorp Inc. | GG | 8 |
| Englobal Corporation | ENG | 8 |
| F5 Networks | FFIV | 8 |
| Abiomed Inc. | ABMD | 8 |
| View More Stocks |
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TradingMarkets Making Great Traders |
Kevin Haggerty Explains It All – TradingMarkets
Come join Kevin Haggerty, professional trader and former head of the Fidelity Capital Markets trading desk, as he breaks down the current market and shows
where traders can find opportunity amid the volatility. You can catch Kevin live at TradingMarkets at 12:30 p.m. EST today by clicking here to reserve your spot now.
The Path to Becoming a Successful Trader – TradingMarkets
TradingMarkets Select Contributor and trading coach Robin Dayne talks mental blocks, personality/trading style conflicts and other tricks that can throw your trading
off course.
Today is Last Day for July Contest Traders – TradingMarkets
With one day to go in July’s contest, will our front runner stand pat or look to extend the advantage? And if you missed out on July’s Up or Down Stock Contest
competition, a new race for our monthly $1,000 prize begins on Friday!
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