TradingMarkets’ 13 Stocks You Need To Know About Today
Advanced Micro
Devices (AMD)
missed by 0.06 but beat on revenues. Gross margins were below expectations. The
company sees Q2 processor sales flat to down. AMD plans to spin off its flash
memory unit in an IPO. Piper Jaffray upped the stock to ‘outperform’ from
‘market perform.’
Apple (AAPL)
beat by 0.10 at 0.34, beat on revenues, beat iPod expectations and guided Q3
higher. Revenue, though, lagged some analysts expectations.
Kerr McGee
(
KMG |
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PowerRating) announced a $4 billion stock buyback.
Pepsi
(
PEP |
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PowerRating) beat estimates by 0.03 and guided higher.
An FDA panel recommended that Mentor’s
(
MNT |
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PowerRating) silicon breast
implants be approved.
United Health
(
UNH |
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PowerRating) beat by 0.03; quarterly profits rose 41%.
JDA Software
(
JDAS |
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PowerRating) cut its Q1 sales outlook.
Storage Tech
(
STK |
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PowerRating) warned of weaker-than-expected earnings.
Unisys
(
UIS |
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PowerRating) reported a loss of (0.14)
Infosys
(
INY |
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PowerRating) guided lower. The company said software sales fell
30%.
Southwest
(
LUV |
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PowerRating) reported earnings that tripled; revenues rose 12%.
The company aggresively hedges its fuel costs, It was the 59th consecutive
quarterly profit for LUV.
UBS cut Northwest and Delta
(
DAL |
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PowerRating) to reduce from neutral.
Oil Check:Â 50.32Â Â +0.08