Stocks to watch for today, which are expected to see heavy trading in Wednesday’s session include; UBS AG (NYSE:UBS), Oracle Corporation (NASDAQ:ORCL), General Motors Company (NYSE:GM), Knight Capital Group Inc. (NYSE:KCG) and Navistar International Corp (NYSE:NAV).

Stocks To Watch: UBS, Oracle, General Motors, Knight Capital, Navistar

UBS AG (NYSE:UBS): The Swiss Bank admitted to fraud on Wednesday. UBS AG (NYSE:UBS) agreed to pay $1.5 billion, which is over three times what Barclays PLC (LON:BARC) (NYSE:BCS) paid in June, in penalties related to the labor rate-rigging scandal. The bank acknowledged that about 45 of its employees were involved in manipulating the Labor rates in several currencies. The bank’s Japanese subsidiary pleaded guilty on one count. Shares were almost flat in early market trading.

Oracle Corporation (NASDAQ:ORCL): The software giant reported better than expected second quarter results on Tuesday. Analysts were estimating 61 cents in earnings per share on a revenue of $9.01 billion. The company earned 64 cents a share on $9.09 billion in revenues. The results improved primarily because of cloud software subscriptions revenue and new software licenses, which jumped up 17 percent from the same quarter a year ago. Shares gained 2.95 percent to $33.85 in early market trading.

General Motors Company (NYSE:GM): The Treasury Department announced Wednesday that it has decided to sell off its entire holding in the automaker within 12-15 months. General Motors Company (NYSE:GM) said it will purchase 200 million of its own shares at $27.50, a 7.9 percent premium on the stock’s closing price this past Tuesday. The Treasury Department will sell the remaining 300.1 million shares in an orderly fashion. Stocks jumped as much as 8 percent to $27.55 in pre-market trading.

Knight Capital Group Inc. (NYSE:KCG): The market maker’s board has approved the merger with Getco LLC, an electronic trading group , in a $1.8 billion deal. The merger values Knight Capital Group Inc. (NYSE:KCG) at $3.75 a share or $1.4 billion, plus $400 million in debts that Knight received from Getco. Shares surged 6.01 percent to $3.53.

Navistar International Corp (NYSE:NAV): The Lisle, Ill.-based engine and vehicle manufacturer reported worse than expected fourth quarter losses on Wednesday. The company is undergoing a vast restructuring campaign, and sales in the fourth quarter saw a double-digit drop. Shares slumped 4.07 percent to $21.89.