Stocks on the Move

CME Group Inc. (NYSE:CME) was the S&P 500's biggest gainer on word that the Justice Department would approve CME's purchase of NYMEX, the New York Mercantile Exchange. The Short Term PowerRating for CME is 1.
Goldman Sachs (NYSE:GSblew away earnings estimates this morning before the open, having largely avoided the worst of the lending crisis that has haunted its Wall Street peers. The Short Term PowerRating for GS is 2.
FedEx (NYSE:FDX) is scheduled to report quarterly earnings Wednesday before the open. Analysts are expecting earnings of $1.47 per share. The Short Term PowerRating for FDX is 5.
Zions Bancorporation (NasdaqGS:ZION) was down more than 10% on Tuesday as a Goldman Sachs report suggested tough times for regional banks through 2009. The Short Term PowerRating for ZION is 5.
Canadian Solar (NasdaqGM:CSIQ) closed up more than 10% on news that the company was boosting its 2008 sales forecast by as much as $220 million. The Short Term PowerRating for CSIQ is 2.
In their earnings announcment Tuesday before the open, Best Buy (NYSE:BBY) topped analyst estimates by six cents per share. The Short Term PowerRating for BBY is 4.
Morgan Stanley (NYSE:MS) reports earnings tomorrow before the bell, with analysts expecting EPS of $0.92. The Short Term PowerRating for MS is 3.

Labels: BBY, CME, CSIQ, FDX, GS, MS, Stocks, ZION

Monsanto (NYSE:MON) reported second quarter earnings surged by 83% on 45% higher revenue than a year ago. MON's Short Term PowerRating is 6.
Profit fell much less than expected at Best Buy (NYSE:BBY), with earnings beating estimates by $0.06. BBY's Short Term PowerRating is 4.
CarMax (NYSE:KMX) reported a 48% decline in profit, missing estimates by $0.07. KMKX's Short Term PowerRating is 4.
The Wall Street Journal reported that National City (NYSE:NCC) is in talks to sell itself to rival KeyCorp (NYSE:KEY - News). NCC's Short Term PowerRating is 7.
After the close, Research In Motion (NasdaqGS:RIMM) reported earnings of $0.72 per share, versus estimates of $0.70. RIMM's Short Term PowerRating is 5.
This stock is set to soar big time tomorrow morning. A good short term investment may be the April 120 Calls. Additionally, buying leaps is a must. There is just no way that the demand for the Blackberry will decrease.
And Micron Technology (NYSE:MU) missed estimates by $0.05. MU's Short Term PowerRating is 2.
Before the market open on Thursday, Constellation Brands (NYSE:STZ) is scheduled to report, with analysts looking for $0.25. STZ's Short Term PowerRating is 4.

Labels: BBY, Best Buy Inc., CarMax, Constellation Brands, KEY, KMX, MON, Monsanto, MU, NCC, Research in Motion, RIMM, stocks on the move, STZ