Today on <I>TSC</I>: Lots of Earnings With IBM Leading the Charge
It's been a torrent of mergers, news and earnings for a couple of days now, resulting in some of the most volatile trading in weeks.
IBM
(IBM) - Get International Business Machines Corporation Report
came in big and the Fed Chairman
Alan Greenspan
had
nothing surprising up his sleeve, giving the markets a shot in the arm after a down week.
Key stocks:
JDS Uniphase
(JDSU)
has bolted upward again, as markets writer
Justin Lahart
said it would last night after the
announcement that it's been placed in the
S&P 500
index. And it took a lot of tech stocks with it. Meanwhile, all eyes are turning to
TheStreet Recommends
America Online
(AOL)
which is scheduled to report earnings after the close today. We'll be there.
What you might have missed:
Our primary mission here at
TSC
is to get behind the first burst of news and analyze how the news will affect you as an investor. Reporter
George Mannes
looked at the huge
CNet
(CNET) - Get ZW Data Action Technologies Inc Report
/
ZDNet
(ZDZ)
deal yesterday, and columnist
Herb Greenberg
dissected the
Intel
(INTC) - Get Intel Corporation Report
and
Microsoft
(MSFT) - Get Microsoft Corporation Report
earnings earlier in the week. The
results may surprise you.
What you don't want to miss:
Tonight, look for
Brett Fromson's
piece examining the plusses, and perils, of trying to find old-economy turnaround stocks.
Today's link:
Flip-flop: it's for more than just politicians.
Jonathan Krim is executive editor of TheStreet.com. In keeping with TSC's editorial policy, he doesn't own or short individual stocks, though he owns stock in TheStreet.com. He also doesn't invest in hedge funds or other private investment partnerships. He welcomes your feedback at
jkrim@thestreet.com.
