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TradingMarkets 7 Stocks You Need to Know for Wednesday
By Ashton Dorkins | TradingMarkets.com | April 22, 2008
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Stocks fell amid disappointing earnings, record oil prices and another record low for the U.S. dollar versus the euro.

The Dow lost-104.71, the Nasdaq Composite -31.10, and the S&P 500 -12.22.

Here are 7 Stocks You Need to Know for Wednesday:

CME Group (CME | Quote | Chart | News | PowerRating) plunged nearly 9% after the company reported earnings that missed estimates and disappointed investors.

Shares of Texas Instruments (TXN | Quote | Chart | News | PowerRating) fell nearly 6% after the company issued a weaker-than-expected second quarter forecast.

DuPont (DD | Quote | Chart | News | PowerRating) reported earnings that beat estimates by $0.03 and issued guidance in-line, however, DD shares declined more than 4%.

After the market close, Yahoo! (YHOO | Quote | Chart | News | PowerRating) reported earnings that beat estimates by $0.02 and reaffirmed guidance.

And, YUM! Brands (YUM | Quote | Chart | News | PowerRating) also beat estimates by $0.02.

Before the market open, Boeing (BA | Quote | Chart | News | PowerRating) is scheduled to report earnings, with analysts looking for $1.35 per share.

UPS (UPS | Quote | Chart | News | PowerRating) also reports before the open, and the consensus estimate is $0.87.

Do you think Yahoo! will close up or down on Thursday? Play TradingMarkets Up or Down Daily Stock Contest and you could win over $12,000 in cash prizes predicting the direction of a stock!


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