TradingMarkets’ 12 Stocks You Need To Know About Today
With 92% of the rigs closed, Gulf oil production
is being affected. Valero
(
VLO |
Quote |
Chart |
News |
PowerRating) said its St Charles refinery will be
closed 1-2 weeks. Chevron
(
CVX |
Quote |
Chart |
News |
PowerRating) continues to produce some oil
but shut down refineries in Mississippi and Louisiana. President Bush may tap
the Strategic Petroleum Reserve.
Watch oil service stocks such as Schlumberger
(
SLB |
Quote |
Chart |
News |
PowerRating) and Halliburton
(
HAL |
Quote |
Chart |
News |
PowerRating).
Also, home improvement stocks like Home Depot
(
GD |
Quote |
Chart |
News |
PowerRating) and Lowe’s
(
LOW |
Quote |
Chart |
News |
PowerRating) will be in focus, as will Wal-Mart
(
WMT |
Quote |
Chart |
News |
PowerRating).
Finally, watch the insurers like Allstate
(
ALL |
Quote |
Chart |
News |
PowerRating) and AIG
(
AIG |
Quote |
Chart |
News |
PowerRating).
ATI Technologies
(
ATYT |
Quote |
Chart |
News |
PowerRating) cuts its Q4 revenue forecast.
Infineon
(
IFX |
Quote |
Chart |
News |
PowerRating) signed a deal to supply
components to Microsoft for the new XBox.
Abercrombie & Fitch
(
ANF |
Quote |
Chart |
News |
PowerRating) said that August comps rose 24%; the company also reaffirmed its
outlook. Also, President and CEO Robert Singer is leaving the company.
A Chinese research group survey found that
Baidu.com
(
BIDU |
Quote |
Chart |
News |
PowerRating) is gaining market share against Google
(
GOOG |
Quote |
Chart |
News |
PowerRating).
Finish Line
(
FINL |
Quote |
Chart |
News |
PowerRating) guided lower for
Q2. (full
story)