7 Stocks You Need to Know for Wednesday

CME Group Inc. (CME | Quote | Chart | News | PowerRating) was the S&P 500's biggest gainer on word that the Justice Department would approve CME's purchase of NYMEX, the New York Mercantile Exchange.

Goldman Sachs (GS | Quote | Chart | News | PowerRating) blew away earnings estimates this morning before the open, having largely avoided the worst of the lending crisis that has haunted its Wall Street peers.

FedEx (FDX | Quote | Chart | News | PowerRating) is scheduled to report quarterly earnings Wednesday before the open. Analysts are expecting earnings of $1.47 per share.

Zions Bancorporation (ZION | Quote | Chart | News | PowerRating) was down more than 10% on Tuesday as a Goldman Sachs report suggested tough times for regional banks through 2009.

Canadian Solar (CSIQ | Quote | Chart | News | PowerRating) closed up more than 10% on news that the company was boosting its 2008 sales forecast by as much as $220 million.

In their earnings announcement Tuesday before the open, Best Buy (BBY | Quote | Chart | News | PowerRating) topped analyst estimates by six cents per share.

Morgan Stanley (MS | Quote | Chart | News | PowerRating) reports earnings tomorrow before the bell, with analysts expecting EPS of $0.92.