Wednesday Morning Coffee with TradingMarkets

  • October 29, 2008
  • David Penn

Good Morning!

Dow, S&P 500 Skyrocket Higher by 10%, Nasdaq Up More than 9% … Bank of Japan Considers Cut to 0.25% … Machinist Strike at Boeing Nears Potential Resolution … Google Settles Copyright Dispute … Kraft Foods, Kellogg, Procter & Gamble Report Earnings Today

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TradingMarkets 7 Stocks You Need to Know for Wednesday

Here are 7 stocks for traders for Wednesday from TradingMarkets.com:

  • Reporting quarterly earnings Wednesday after the market closes, CME Group
    (
    CME |
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    Chart |
    News |
    PowerRating)     is expected to announce per share earnings of 3.98.

  • Soaring higher for a second day in a row, shares of Verizon Communications
    (
    VZ |
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    PowerRating)     gained more than 14% on Tuesday, setting a new 7-day high.

  • Reporting earnings Wednesday morning before the bell, Kellogg
    (
    K |
    Quote |
    Chart |
    News |
    PowerRating)     is expected to announce EPS of 0.80.

  • Hedge-fund manager William Ackman, whose firm controls 10% of Target
    (
    TGT |
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    PowerRating)     shares, will announce publicly plans for real estate owned by the discount retailer on Wednesday.

  • Analysts are expecting Procter & Gamble
    (
    PG |
    Quote |
    Chart |
    News |
    PowerRating)     to report quarterly earnings of 0.99 when the company reports Wednesday morning before the market opens.

  • The potential for an end to the machinist strike against Boeing
    (
    BA |
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    PowerRating)    , sent shares higher by more than 15% on Tuesday.

  • Kraft Foods
    (
    KFT |
    Quote |
    Chart |
    News |
    PowerRating)     reports quarterly earnings Wednesday morning before the market opens. Analysts are expecting EPS of 0.43.

For a list of today’s highest PowerRating stocks, click here.

TradingMarkets 5 PowerRatings Stocks for Today

Company
 Symbol PowerRatings
Trex Company Inc. TWP 9
Fording Canadian Coal Trust FDG 9
Towne Bank TOWN 8
TFS Financial Corporation TFSL 8
SI International Inc. SINT 8

View More Stocks

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