TradingMarkets’ 8 Stocks You Need To Know About Today

Kerr McGee
(
KMG |
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said it will spin off its chemical business,
announced a $1 billion stock buyback and rebuffed Carl Icahn’s proposal.

KMart
(
KMRT |
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reported 2.59 vs 2.80; revenues were higher.

Crompton
(
CK |
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and Great Lakes Chemical
(
GLK |
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are
merging; the $1.5 billion deal will create the nation’s third largest specialty
chemical company.

Xilinx
(
XLNX |
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  raised Q4 sales guidance, saying sales would
be 5%-8% higher.

China.com
(
CHINA |
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said its Q4 loss widened; the company’s CEO
also resigned.

Noranda
(
NRD |
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offered to buy the rest of Falconbridge.