7 Stocks you need to know for today

Nike (NKE | charts | news | PowerRating) reported $1.47 and beat on revenues.

Synnex (SNX | charts | news | PowerRating) beat by $0.06 and guided Q4 higher.

Cognos (COGN | charts | news | PowerRating) beat by $0.06, guided higher for Q4 and announced a $200 million stock buyback. The company also guided higher for fiscal 2007.

Palm (PALM | charts | news | PowerRating) beat by $0.03 and announced a $250 million stock buyback.

JDS Uniphase (JDSU | charts | news | PowerRating) announced a 1:8 reverse split.

3Com (COMS | charts | news | PowerRating) beat by a penny but missed on revenues.

Finish Line (FINL | charts | news | PowerRating) beat by $0.01.