TradingMarkets’ 9 Stocks You Need To Know About For Wednesday
Ivax
(
IVX |
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PowerRating), Alopharma
(
ALO |
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PowerRating) and Teva
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TEVA |
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PowerRating)
said a court ruled in its favor on a patent infringement case. (see
full story)
Applebees
(
APPB |
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PowerRating) said August comps were below expectations; same
store sales rose 1.3%. (see
full story)
Baidu.com
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BIDU |
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PowerRating) reported Q2 earnings
of 12.1 million yuan. It was the first earnings report since the company went
public recently. (story)
SeaChange International
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SEAC |
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PowerRating)
reported a Q2 loss, missing my 0.22. (read
the full story)
Corinthian Colleges
(
COCO |
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PowerRating) will
restate revenue for fiscal 2001 through 2005 because of an accounting change.
The company said the restatement will decrease earnings for 2002 by 4 cents, for
2003, 4 cents, and for 2004 by 6 cents. (story)
CV Theraputics
(
CVTX |
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PowerRating) said the FDA
has expanded labeling for its hypertension drug Aceon, which now can indicate
the drug may be used to lower heart attack death risk.
Wind River
(
WIND |
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PowerRating) guided lower for
Q3. (story)