TradingMarkets 7 Stocks You Need to Know for Wednesday
Stocks finished a rollercoaster session lower on Tuesday as the administration’s financial bailout plan continues to be debated in Washington.
The Dow finished Tuesday down 161.52. The Nasdaq Composite lost 25.64. And the S&P 500 ended the day lower by 18.87.
Here are 7 Stocks You Need to Know for Wednesday.
T-Mobile introduced the first mobile phone that runs on Android, software created by Google Inc.
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PowerRating), on Tuesday.
Down more than 7% on the day, General Motors
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GM |
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PowerRating) was the biggest loser in the Dow industrials on a percentage basis.
Reporting earnings Wednesday morning after the market opens, Nike Inc.
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NKE |
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PowerRating) is expected to announce quarterly earnings of 0.92.
Predictions of a slow holiday shopping season encouraged traders to sell shares of Amazon.com
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PowerRating), which was down more than 3% on Tuesday.
Down more than 4%, General Electric
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PowerRating) was among the companies added to the Securities and Exchange Commission’s temporary short sale ban list.
Bristol-Myers Squibb
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BMY |
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PowerRating) raised its offer for Imclone Systems
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IMCL |
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PowerRating) to $62 per share on Tuesday.
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