TradingMarkets 7 Stocks You Need to Know for Wednesday
Stocks retraced all of Monday’s gains as traders took profits following a pair of advancing days in the major indices.
The Dow lost 139.88 on the day. The Nasdaq fell by 9.34. And the S&P 500 shed 15.73 as of Tuesday’s close.
Applied Materials
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PowerRating) beat analyst earnings estimates by two cents in its announcement after the close on Tuesday.
Shoppers pursuing cheaper prices on both clothing and shoes helped boost profits at TJX Companies
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PowerRating), which reported earnings that beat analyst estimates by a penny on Tuesday.
Reporting earnings before the market opens on Wednesday, Deere
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PowerRating) is expected to announce earnings per share of $1.37.
UBS AG
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PowerRating) announced that it would split its wealth management business from its investment banking business in the face of a growing number of
withdrawals by the bank’s wealthier clients.
Macy’s
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PowerRating) announced quarterly earnings Wednesday morning before the bell. Analysts are expecting EPS of $0.19.
Dell
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PowerRating) unveiled a new line of ultralight laptop computers, including business models with batteries lasting up to 19 hours.
JP Morgan
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PowerRating) fell more than 9% on Tuesday after reporting $1.5 billion in losses in mortgage-related securities.
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