TradingMarkets 7 Stocks You Need to Know for Wednesday

The DJIA dropped 82.38 to 8447.00, the tech heavy Nasdaq gave back 9.02 to 1835.04 and the broad based S&P 500 slipped 7.91 to 919.32.

Here are 7 stocks you need to know for Wednesday:

Abbott Labs
(
ABT |
Quote |
Chart |
News |
PowerRating)
was just ordered to pay a $1.67 billion dollar patent infringement verdict to Johnson & Johnson’s
(
JNJ |
Quote |
Chart |
News |
PowerRating)
wholly owned subsidiary, Centocor Ortho Biotech.

Outgoing American International Group
(
AIG |
Quote |
Chart |
News |
PowerRating)
CEO, Liddy, stated that the company will be likely able to repay the government’s $182 billion dollars in bail out funds provided to the insurer.

Apple’s
(
AAPL |
Quote |
Chart |
News |
PowerRating)
iPhone inventories are lasting longer on the shelf than last year.

General Mills
(
GIS |
Quote |
Chart |
News |
PowerRating)
is expected to announce earnings of 80 cents pre-open Wednesday.

More fiscal third quarter earnings are expected pre-open from UniFirst Corp
(
UNF |
Quote |
Chart |
News |
PowerRating)
of 74 cents and Lindsay Corp
(
LNN |
Quote |
Chart |
News |
PowerRating)
of 29 cents.

INDEPENDENT RESEARCH – Learn 7 trading strategies that you can only find here – Click here to learn more!.