TradingMarkets’ 8 Stocks You Need To Know About Today

Market Movers

Nike
(
NKE |
Quote |
Chart |
News |
PowerRating)
beat estimates, reporting $1.01 vs. 0.74 this time last
year.

Adobe
(
ADBE |
Quote |
Chart |
News |
PowerRating)
beat estimates by 0.03 and guided higher. The company
also announced a 2:1 stock split.

Radio Shack
(
RSH |
Quote |
Chart |
News |
PowerRating)
cut profit forecast–for the second time in a
month.

Palm
(
PALM |
Quote |
Chart |
News |
PowerRating)
cut Q4 estimates; Bear Stearns upgraded the stock.

Merrill Lynch added Southwest
(
LUV |
Quote |
Chart |
News |
PowerRating)
to its Focus One list.

Dreamworks
(
DWA |
Quote |
Chart |
News |
PowerRating)
reported a Q4 profit, citing strong “Shark Tale”
and “Shrek 2” DVD and video sales.

Borders
(
BGP |
Quote |
Chart |
News |
PowerRating)
was the subject of a favorable in The Wall Street
Journal’s
“Heard on the Street” column.

Business Week said that earnings at JP Morgan
(
JPM |
Quote |
Chart |
News |
PowerRating)
will be “much
worse” than the current $3.06 estimate.