TradingMarkets 7 Stocks You Need to Know for Wednesday
Another bullish day in the equity markets with stocks surging higher for the 3rd session in a row. A positive shocker in the housing market combined with Obama stating he will kick start lending resulted in the bullish move.The DJIA advanced 50.79, the tech heavy Nasdaq pushed higher by 15.01 and the broad based S&P 500 climbed 3.97.
Here are 7 stocks you need to know for Wednesday.
Just in time for Christmas, American Greetings
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PowerRating), has forecast an EPS of 69 cents before the open.
Boeing
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PowerRating) acquired Finmeccanica SpA’s half venture giving the company greater control over its new Dreamliner aircraft assembly.
Saia Inc‘s
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PowerRating) credit line was cut by $40 million as the trucking company stated was a permanent change.
Another trucking company, YRC Worldwide
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PowerRating), soared on news that the bankruptcy court will allow it to exchange equity for debt.
3M
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MMM |
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PowerRating) announced it will increase spending on research, product lines and buy outs next year.
KB Home
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KBH |
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PowerRating) and Toll Brothers
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PowerRating) were among the 12 home builders in the builders index climbing today on the surge in home sales.