TradingMarkets 9 Stocks You Need To Know For Today
Merrill Lynch
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MER |
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PowerRating) reported 1.40, well ahead of the 1.18 estimate. Revenues increased 38%
to %6.7 billion.
3M
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MMM |
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PowerRating) reported 1.12, beating
estimates by 0.04, and raised the lower end of its guidance for the year.
Profits rose 10%. The company also authorized an additional $300 million stock
buyback.
United Technologies
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UTX |
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PowerRating) reported 0.81, beating by 0.02, and issued upside guidance for FY
2005.
International Paper
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IP |
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PowerRating) was raised to
a buy at UBS.
IBM
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IBM |
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PowerRating) reported $1.26, beating by
0.13. Net income was also strong, but revenues were light at $21.53 billion.
Johnson & Johnson
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JNJ |
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PowerRating) beat by a penny but revenues were light.
Wells Fargo
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WFC |
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PowerRating)
beat by a penny.
Novellus
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NVLS |
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PowerRating) was in-line; margins
were slightly lower than expected. Net income fell 64%
Rambus
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RMBS |
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PowerRating) beat by 0.02, ex-items,
with quarterly earnings rising almost 40%; revenues also beat estimates.
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