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Thursday Morning Coffee with TradingMarkets

By David Penn | TradingMarkets.com
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Good Morning!

Barack Obama Wins Democratic Nomination ... Jobless Claims Due Today ... Fannie Mae Picks New CFO ... Starbucks' Schultz Foregoes Raise ... Ikon Acquired by Ricoh ... Dell Earnings After Market Closes

If your stock trading could use a boost, then treat yourself to a free, 7-day trial to our Short Term PowerRatings. The highest rated Short Term PowerRatings stocks have outperformed the average stock by a margin of nearly 17 to 1 after five days. Click here to start your free trial today!

TradingMarkets 7 Stocks You Need to Know for Today

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

  • Up more than 9% at the open, shares of Ikon Office Solutions Inc. (IKN | Quote | Chart | News | PowerRating) rallied on news that the office equipment distributor was being acquired by Ricoh Company of Japan for $1.62 billion.

  • Losses that were not as bad as feared stoked buying in shares of Borders Group Inc. (BGP | Quote | Chart | News | PowerRating), which were higher by more than 21% on Wednesday.

  • Del Monte (DLM | Quote | Chart | News | PowerRating) reports earnings Thursday morning before the bell. Analysts are expecting a loss of $0.04 per share.

  • Shares of Amylin Pharmaceuticals (AMLN | Quote | Chart | News | PowerRating) fell by more than 24% after reports that four more patients died while taking company's diabetes treatment.

  • Better than expected earnings guidance for 2008 sent shares of Talbots (TLB | Quote | Chart | News | PowerRating) soaring by more than 28% on Wednesday.

  • Oil stocks were among the day's big gainers, with stocks such as Tesoro Corporation (TSO | Quote | Chart | News | PowerRating) up more than 11%.

  • Dell Inc. (DELL | Quote | Chart | News | PowerRating) reports second quarter earnings Thursday after the market closes. Analysts are expecting EPS of $0.36.

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
Micromet Inc. MITI 8
Stec Inc. STEC 8
Symmetry Medical Inc. SMA 8
Werner Enterprises WERN 8
Open Text Corporation OTEX 8
View More Stocks

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