Thursday Morning Coffee with TradingMarkets

June 19, 2008
David Penn

Good Morning!

Boeing Wins Second Chance at Air Force Contract … Healthways Beats Estimates … Evergreen Solar Earns $600

million in New Sales … Pier One Quarterly Loss Worse than Expected … GM Retreats from SUV, Pickup Truck

Redesign Plans … Circuit City Narrows Losses … Former Bear Stearns Fund Managers Arrested in Fraud Indictment ….

If your stock trading could use a boost, then treat yourself to a free, 7-day trial to our Short Term PowerRatings. The highest rated Short Term PowerRatings stocks have outperformed the average stock by a margin of nearly 17 to 1 after five days. Click here to start your free trial today!

TradingMarkets 5 Business Stories You Need to Know

Boeing’s Bid is Back – Bloomberg

Could election-year politics play a role in deciding if Boeing wins a multi-million dollar Air Force tanker contract it

already lost once to Northrop Grumman? Boeing is the Featured Stock in our TradingMarkets Up or Down Stock Contest. You have until 4 p.m. today to tell us whether or not you think Boeing will be up or down on Friday. Click here to register for free for your chance to win $1,000 by correctly guessing the direction of a stock!

Circuit City Lower Losses, Suspends Dividend – Reuters

A reported loss of $1 per share is better than analysts expected. But Circuit City’s decision to suspend dividend

payments is likely to weigh on the stock.

Higher Rates in Q3? – DailyFX

Chief Strategist for DailyFX Kathy Lien looks at the odds that the Federal Reserve will move from monetary

accommodation to monetary restriction in the second half of 2008.

MarketWatch

In the quest to discover who is to blame for the collapse of Microsoft’s effort to buy Yahoo! few are under more

criticism than Yahoo! CEO Jerry Yang.

Solar Stocks Continue To Shine – Reuters

Another $600 million in new sales over the next four years will bolster Evergreen Solar’s bottom line. The news

follows the recent announcement of Canadian Solar’s improved 2008 forecast.

For more stories as they happen, go to our Breaking News section.

TradingMarkets 7 Stocks You Need to Know for Today

Here are 7 stocks for traders for today from TradingMarkets.com:

Carnival Cruise Lines
(
CCL |
Quote |
Chart |
News |
PowerRating) is scheduled to report earnings Thursday morning before the market opens. Analysts are expecting EPS of $0.42.

Analyst reports from both Citigroup and Deutsche Bank AG suggesting that gasoline prices are making it difficult for American automakers to move their inventories of SUVs and oversized pickup trucks sent shares of General Motors
(
GM |
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News |
PowerRating) and Ford
(
F |
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News |
PowerRating) lower on Wednesday.

Reporting earnings Thursday before the bell, Circuit City
(
CC |
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News |
PowerRating) announced EPS of $-1.00, better than analysts estimates.

As we noted Wednesday morning in Morning Coffee with Trading Markets, Pfizer
(
PFE |
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News |
PowerRating) won a concession from the Indian pharmaceutical company, Ranbaxy Laboratories, to delay the release of a generic version of Pfizer’s anti-cholesterol drug Lipitor for an additional 20 months.

The Government Accountability Office ruled on Wednesday that Boeing
(
BA |
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PowerRating) should be allowed to bid again for a major, $35 billion Air Force contract previously granted to rival Northrop Grumman
(
NOC |
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PowerRating).

For a list of today’s highest PowerRating stocks, click here.

TradingMarkets 5 PowerRatings Stocks for Today

Company	Symbol	PowerRatings
Optium Corporation	OPTM	9
Instituform Technologies Inc.	INSU	9
Vocus Inc.	VOCS	8
Skyworks Solutions Inc.	SWKS	8
Steris Corporation	STE	8