Tuesday Morning Coffee with TradingMarkets

Good Morning!

Google Announces New Browser ... Boeing, Machinists Reach Impasse Over Contract Talks ... Australian Central Bank Ponders Rate Cut ... Japanese Prime Minister Resigns ... Economic Fears Drive British Pound Lower ...

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:

• PetSmart (PETM | Quote | Chart | News | PowerRating) gained more than 10% on Friday after reporting better than expected quarterly earnings.
  
  
• Lower than expected sales projections at Marvell Technology Group Ltd. (MRVL | Quote | Chart | News | PowerRating) encouraged traders to sell the stock at week's end. MRVL was down more than 4% on Friday.
  
  
• Machinists rejected a "best and final" offer by Boeing (BA | Quote | Chart | News | PowerRating), calling the company's proposal "very inadequate in all areas."
  
  
• Losing 4% on Friday, shares of International Paper (IP | Quote | Chart | News | PowerRating) were downgraded by a Deutsche Bank AG analyst from "buy" to "hold."
  
  
• Fannie Mae (FNM | Quote | Chart | News | PowerRating) closed lower for the first time in five days on Friday, losing nearly 14% on the day.
  
  
• Citing a slowdown in technology spending in Europe, Dell (DELL | Quote | Chart | News | PowerRating) reported quarterly earnings that fell short of analyst estimates by five cents.
  
  
• General Motors (GM | Quote | Chart | News | PowerRating) announced a recall of more than 940,000 vehicles in response to a potential short circuit in the washer fluid system that could cause fires. So far, three fires have been linked to this problem.
  
  

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

TradingMarkets 5 PowerRatings Stocks for Today

TradingMarkets Making Great Traders

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TradingMarkets Daily PowerRatings Analysis

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