7 Stocks you need to know for Wednesday

Nike (NKE | charts | news | PowerRating) beat earnings on Wednesday afternoon, reporting $0.71 EPS over an expected $0.66 EPS.

Paychex (PAYX | charts | news | PowerRating) also beat earnings on Wednesday, with $0.40 EPS over $0.39 EPS.

Bear Stearns (BSC | charts | news | PowerRating) reports quarterly earnings on Thursday morning before the bell, with traders looking for -$1.79 EPS.

When Carnival (CCL | charts | news | PowerRating) announces quarterly results on Thursday before the bell, look for $0.43 EPS.

FedEx (FDX | charts | news | PowerRating) is looking to report $1.50 EPS on Thursday morning.

Anaylsts will be watching for Rite Aid (RAD | charts | news | PowerRating) to report -$0.07 EPS on Thursday morning before the market opens.

Pier 1 Imports (PIR | charts | news | PowerRating) expects to announce -$0.24 EPS tomorrow morning.