Wednesday Morning Coffee with TradingMarkets

Good Morning!

Oil Slips to Lowest Levels in a Week ... Airbus Warns Jet Orders Fewer than Expected ... GE Reveals Bidders for Appliance Unit ... Durable Goods Data Due Today ... Resistance to InBev Takeover of Anheuser Busch Grows ... American Eagle Outfitters, Chico FAS Beat Estimates ... Microsoft Previews New Touch Screen, Operating System ...

Asian stocks up ... European stocks up ... The dollar is moving higher against the yen ... And the futures are trending higher in the hour before the bell.

FOX Business Guest Analyst and TradingMarkets contributor Gary Kaltbaum holds his free weekly teleconference today at 1 p.m. Eastern. Come learn how to see the markets the way a pro sees the markets. Spaces are limited. So click here this morning to reserve your spot!

TradingMarkets 5 Business Stories You Need to Know

Discounts at Dollar Tree - Barrons
Increasingly cost-conscious consumers are flocking to discount stores, including retailers like Dollar Tree which announces quarterly earnings today before the bell. DLTR was our TradingMarkets Up or Down Stock Contest Featured Stock on Tuesday. You've got until 4 p.m. Eastern today to tell us whether or not you think DLTR will be up or down on Thursday. Register now for your chance to win $1,000 each month by correctly predicting the direction of a stock?

Fuel Costs Weigh on JetBlue - FOX Business
The rising price of jet fuel has forced JetBlue to delay expansion plans, including the delivery of more than 20 Airbus jets.

Further Gains Ahead for the AUD/USD? - Bloomberg
Analysts at the Australian and New Zealand Banking Group anticipate an 8% rise in the value of the Australian dollar between now and year end. Find out what TradingMarkets senior forex strategist Mark Whistler is seeing in the currency markets twice a day with a free trial to Forex Focus! Click here to learn more!

UPS, DHL in Air-Freight Talks - Wall Street Journal
United Parcel Service is working toward an agreement with DHL's U.S. Express unit to carry air freight for some DHL units within the U.S.

ADM To Raise Capital - istockanalyst.com
Archer Daniels Midland announces plans to raise $2 billion in capital through the sale of 35 million "equity units" valued at $50 each. Archer Daniels Midland has a Short Term PowerRating of 7. Is this stock closer to being a stock that traders should consider buying - or a stock that traders should consider avoiding? If you don't know, then a free trial to our Short Term PowerRatings is the first step to finding out.

For more stories as they happen, go to our Breaking News section.

TradingMarkets 7 Stocks You Need to Know for Today

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

• An upgrade by Credit Suisse Group AG from "neutral" to "outperform" helped make Citizens' Communications (CZN | Quote | Chart | News | PowerRating) the big winner in the S&P 500. CZN was up more than 4% on Tuesday.
  

• Vodafone Group (VOD | Quote | Chart | News | PowerRating), one of the world's largest wireless communications corporations announced the departure of its CEO, Arun Sarin, who will be replaced by his deputy, Vittorio Colao.
  
  
• Darden Restaurants (DRI | Quote | Chart | News | PowerRating) - operators of Red Lobster, Olive Garden and Bahama Breeze - found its shares upgraded today by Merrill Lynch, which suggested that the company was better positioned to weather a slowdown in consumer discretionary spending.
  
  
• A Citigroup downgrade from "buy" to "hold" sent shares of General Motors (GM | Quote | Chart | News | PowerRating) lower on Tuesday in what is the seventh consecutive down day for shares of the automaker.
  
  
• UBS AG (UBS | Quote | Chart | News | PowerRating) lost more than 13% on Tuesday after disclosing that the bank likely had further losses to come due to exposure to the subprime mortgage debt.
  
  
• Reporting earnings before the open on Wednesday, American Eagle Outfitters (AEO | Quote | Chart | News | PowerRating) announced earnings of $0.21 per share, beating analyst estimates.
  
  
• Dollar Tree (DLTR | Quote | Chart | News | PowerRating) is scheduled to announce earnings on Wednesday before the bell. Analysts are expecting EPS of $0.42.
  

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

TradingMarkets 5 PowerRatings Stocks for Today

TradingMarkets Tracking the Wizards

Put Options: A Trader's Guide - TradingMarkets
Options expert and TradingMarkets contributor John Emery helps traders learn how to take advantage of falling stocks and sinking stock markets.

Gary Kaltbaum Live at 1 pm Eastern - TradingMarkets
If you're a member of Gary's Gallery then you know it's time for Fox Business guest commentator and TradingMarkets contributor Gary Kaltbaum's free weekly teleconference. Come learn how to see the markets the way a pro sees the markets. Click the headline above to reserve your spot today!

Four of a Kind at the Top - TradingMarkets
A four way tie shows that the battle for first place continues to be fiercely contested, as former leaders slip back into the pack.

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