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Stocks to Watch: CIT Group, DISH Network, Pfizer and More...
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Stocks bounced across the board Tuesday, coming back from the previous session's steep nosedive, as investors looked ahead to the Federal Reserve's statement later this afternoon.
The Dow Jones Industrial Average opened sharply higher after logging its steepest point and percentage drop since Dec. 1, 2008, finishing well below the psychologically-significant 11,000 mark.
Here are six stocks that are on the move:
CIT Group
[CIT
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The financing firm was upgraded to buy from neutral at Compass Point.
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MGM
[MGM
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The gaming, hospitality and entertainment company beat second quarter estimates with a 3.4 billion dollar profit thanks largely to its joint venture in China.
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DISH Network
[DISH
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The satellite TV company posted a thirty percent rise in quarterly earnings on a double-digit revenue increase, despite a drop in subscribers.
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Under Armour
[UA
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The performance apparel maker was upgraded to buy from hold at Needham.
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HSBC
[HBC
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The bank confirmed it's in talks about selling its card and retail services business in the U.S.
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Pfizer
[PFE
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The pharmaceutical company was added to the conviction buy list at Goldman Sachs.
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