All eyes will be on the ADP Employment Report Wednesday. It is forecast to be 40K, a dramatic increase from last month’s figure. Overly optimistic, as that may be, mid-week also holds the promise of several earnings releases to keep investors on their toes. Stocks closed mostly higher for the second day this week. Worries about international sovereign debt sent shares sliding negative mid-session. Improved industrial outlook and surprisingly positive home price figures lifted shares to a positive mixed end to the session. The DJIA led higher by 3M and Verizon closed up 11.56, the Nasdaq added 6.33, while the S&P 500 was the laggard trading down just 0.05 on the day.
Here are 7 stocks you need to know for Wednesday.
39 cents is the forecast EPS for ^AYI^ prior to the open.
^MU^ reports after the close with an expected EPS of 24 cents.
64 cents/share is the consensus figure for ^MOS^ after the closing bell.
Black Berry maker, ^RIMM^, has analysts anxiously awaiting $1.28/share after the close.
27 cents is the expected after the bell number for ^BLUD^.
Rumors have come and gone regarding ^VZ^ carrying the iPhone from ^AAPL^.
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