Thursday Morning Coffee with TradingMarkets

  • August 28, 2008
  • David Penn

Good Morning!

Barack Obama Wins Democratic Nomination … Jobless Claims Due Today … Fannie Mae Picks New CFO … Starbucks’ Schultz Foregoes Raise … Ikon Acquired by Ricoh … Dell Earnings After Market Closes

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 7 Stocks You Need to Know for Today

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

  • Up more than 9% at the open, shares of Ikon Office Solutions Inc.
    (
    IKN |
    Quote |
    Chart |
    News |
    PowerRating)     rallied on news that the office equipment distributor was being acquired by Ricoh Company of Japan for $1.62 billion.

  • Losses that were not as bad as feared stoked buying in shares of Borders Group Inc.
    (
    BGP |
    Quote |
    Chart |
    News |
    PowerRating)    , which were higher by more than 21% on Wednesday.

  • Del Monte
    (
    DLM |
    Quote |
    Chart |
    News |
    PowerRating)     reports earnings Thursday morning before the bell. Analysts are expecting a loss of $0.04 per share.

  • Shares of Amylin Pharmaceuticals
    (
    AMLN |
    Quote |
    Chart |
    News |
    PowerRating)     fell by more than 24% after reports that four more patients died while taking company’s diabetes treatment.

  • Better than expected earnings guidance for 2008 sent shares of Talbots
    (
    TLB |
    Quote |
    Chart |
    News |
    PowerRating)     soaring by more than 28% on Wednesday.

  • Oil stocks were among the day’s big gainers, with stocks such as Tesoro Corporation
    (
    TSO |
    Quote |
    Chart |
    News |
    PowerRating)     up more than 11%.

  • Dell Inc.
    (
    DELL |
    Quote |
    Chart |
    News |
    PowerRating)     reports second quarter earnings Thursday after the market closes. Analysts are expecting EPS of $0.36.

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
 Symbol PowerRatings
Micromet Inc. MITI 8
Stec Inc. STEC 8
Symmetry Medical Inc. SMA 8
Werner Enterprises WERN 8
Open Text Corporation OTEX 8

View More Stocks

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