TradingMarkets 7 Stocks You Need to Know for Wednesday
A see-saw session saw the major market indexes collapse midday only to rally into the close, falling just short of closing in the green.
The Dow lost 37.27. The Nasdaq Composite slid 1.84. And the S&P 500 ended the day down 4.49.
Here are 7 Stocks You Need to Know for Wednesday.
Big Lots
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PowerRating) reports quarterly earnings Wednesday morning before the market opens. Analysts are expecting earnings per share of 93 cents.
Analysts are expecting 59 cents per share from Costco
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PowerRating) when it reports quarterly earnings Wednesday morning before the bell.
Also reporting before the bell on Wednesday is Toll Brothers
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PowerRating). The home builder is expected to announce an EPS loss of 53 cents.
American Express
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PowerRating) gained more than 6% on Tuesday, being one of the few financial stocks to advance on the session. AXP shares were buoyed by continued public intervention to unlock the credit markets, as well as by the company’s moves to reduce charge card limits.
Reporting earnings after the market closes on Wednesday is Weight Watchers
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WTW |
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PowerRating). Analysts are expecting EPS of 0.52.
Among the standouts in technology was the performance of Dell
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DELL |
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PowerRating) on Tuesday. Although on declining volume and increasingly overbought below the 200-day moving average, DELL gained more than 8%.
Auto sales continued to remain weak, with General Motors
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GM |
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PowerRating) reporting a sales decline of more than 50% from the previous year.
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