TradingMarkets 7 Stocks You Need to Know for Wednesday
Oversold extremes finally brought buyers back to the market on Tuesday with the Dow gaining more than 10% on the day.
The Dow soared by 889.35. The Nasdaq Composite gained 143.57. And the S&P 500 closed higher by 91.59.
Here are 7 Stocks You Need to Know for Wednesday.
Reporting quarterly earnings Wednesday after the market closes, CME Group
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PowerRating) is expected to announce per share earnings of 3.98.
Soaring higher for a second day in a row, shares of Verizon Communications
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PowerRating) gained more than 14% on Tuesday, setting a new 7-day high.
Reporting earnings Wednesday morning before the bell, Kellogg
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PowerRating) is expected to announce EPS of 0.80.
Hedge-fund manager William Ackman, whose firm controls 10% of Target
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PowerRating) shares, will announce publicly plans for real estate owned by the discount retailer on Wednesday.
Analysts are expecting Procter & Gamble
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PowerRating) to report quarterly earnings of 0.99 when the company reports Wednesday morning before the market opens.
The potential for an end to the machinist strike against Boeing
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PowerRating), sent shares higher by more than 15% on Tuesday.
Kraft Foods
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PowerRating) reports quarterly earnings Wednesday morning before the market opens. Analysts are expecting EPS of 0.43.
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