TradingMarkets 7 Stocks You Need To Know For Wednesday
After four up-days, the major indices
took a breather on Tuesday. The day started with a
gap down on a warning from a major homebuilder. Toll Brothers
(
TOL |
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Chart |
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PowerRating) revised
down the number of homes it expects to build in 2006, to between 9,500 and
10,200, from 10,200 and 10,600. The number is still higher than 2005’s number.
CEO Robert Toll said there was softening in demand in several markets.
Bonuses on Wall Street are expected to be up 20% this year,
with investment bankers seeing the largest increases. According to The Wall
Street Journal, traders make a base salary between $100,000 and $250,000,
with year-end bonuses making up the largest chunk of their incomes.
Now, here are a few stocks to watch on Wednesday:
McKesson
(
MCK |
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PowerRating) beat by 0.02
on $21.6 billion revenues and issued in-line guidance.
Pixar
(
PIXR |
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News |
PowerRating) beat by 0.11
and beat on revenues.
Integrated Device Technology
(
IDTI |
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Chart |
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PowerRating) beat by 0.03
and expanded its stock buyback program.
Federated
(
FD |
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PowerRating) will report
before the open; look for 0.22.
Hansen Natural
(
HANS |
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PowerRating) is
scheduled to report before the open; look for 0.58.
Taro Pharmaceuticals
(
TARO |
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PowerRating)
is expected to report 0.29 before the bell.
Hugh Hefner purchased purchased 62,000 shares of Playboy
(
PLA |
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Chart |
News |
PowerRating) between $14.55 -$14.80.
Brice Wightman