TradingMarkets’ 5 Stocks You Need To Know About This Morning
Electronic Data Systems
(
EDS |
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PowerRating) may cut
up to 20,000 jobs; the company wants to trim $3 billion.
Oracle
(
ORCL |
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PowerRating) can pursue its
Peoplesoft bid. A judge rejected a DOJ suit to block the merger.
Disney
(
DIS |
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PowerRating) said Michael Eisner will
retire in 2 years. Eisner will step down in 2006 and will assist in finding his
replacement.
Alcoa
(
AA |
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PowerRating) said Q3 would lag estimates.
The company cited plant shutdowns and restructuring costs.
Brinker International
(
EAT |
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PowerRating) cut
estimates, blaming the recent hurricanes; this is the second time in a month the
company has cut estimates.