7 Stocks You Need to Know for Wednesday

A Deutsche Bank AG analysis of options trading activity in both Goldman Sachs (GS | Quote | Chart | News | PowerRating) and Citigroup (C | Quote | Chart | News | PowerRating) - among others - suggests that traders are pricing in significant dividend cuts across the board in the financial services industry.

Nvidia (NVDA | Quote | Chart | News | PowerRating), one of the biggest makers of computer graphics chips, was downgraded today from "neutral" to "sell" by FTN Midwest, citing growing inventories and competition.

The death watch for Lehman Brothers (LEH | Quote | Chart | News | PowerRating) continues, with Wachovia Corp and Credit Suisse downgrading the stock due to Lehman's larger than expected losses.

National City Corp (NCC | Quote | Chart | News | PowerRating), the largest bank in Ohio, admitted to having a "Memorandum of Understanding" with the Federal Reserve Bank of Cleveland with regard to questions over asset quality, liquidity and risk management.

The less than optimistic forecast provided by Texas Instruments (TXN | Quote | Chart | News | PowerRating) during its mid-quarter outlook led traders to sell the stock on Tuesday.

Anticipated revenue growth from operations overseas led Deutsche Bank AG to upgrade Coca Cola (KO | Quote | Chart | News | PowerRating) from "hold" to "buy."