TradingMarkets 7 stocks you need to know for Wednesday

Here are 7 stocks that day traders should
watch for Wednesday:

Maxim Integrated
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received a subpoena from the U.S. Attorney in California for questionable stock
option activity.

The European Union won backing from individual states to fine
Microsoft
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; EU authorities plan
to discuss potential penalties for the co next week.

DaimlerChrysler
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announced May total sales were -15% versus the expected -6.9%.

Ford
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reported that
total vehicle sales are -7% versus expected -3.1% for the month of June.

Insider trading was reported at
Interstate Hotels

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after a director sold 327K shares .

Toyota
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said that
June sales rose to 223,018, boosted by a 39% increase in Corolla sales and a
9.8% increase in Camry sales.

Intel’s
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new
CEO Paul Otellini plans to abandon former chief Barrett’s flagship project, a $5
Billion venture into mobile-phone chips, in an effort to reduce costs.

Brice Wightman