Quantcast
 
New book by Larry Connors Click here Improve your trading - See how



TradingMarkets 7 Stocks You Need to Know for Monday

By David Penn | TradingMarkets.com
Email
Print
Archives
Feedback
Email Article Link
Close X
Recipients email address
Your name
Your email
Add a note (optional)




Stocks RSS

Stocks ended the week on a powerful note, with the Nasdaq closing up more than 2% on the day.

The Dow closed up by 165.77. The Nasdaq Composite ended the day 50.15. And the S&P 500 finished up by 20.16.

Here are 7 Stocks You Need to Know for Monday

Days after rallying on optimism on overseas sales, shares of Coca Cola (KO | Quote | Chart | News | PowerRating) fell on Friday on the news that bottler Coca Cola Hellenic would be cutting sales and profit forecasts for the year due to rising raw materials costs.

Capital-raising and dividend-cutting appear to be in the future for Fifth Third Bancorp (FITB | Quote | Chart | News | PowerRating), according to analysts at BMO Capital Markets. The stock was among Friday's biggest losers.

In the face of a $46.3 billion dollar bid from Belgian brewer InBev, Anheuser-Busch (BUD | Quote | Chart | News | PowerRating) announced that it was in talks about a possible deal with Mexican beer maker, Grupo Modelo instead.

Lehman Brothers Holdings (LEH | Quote | Chart | News | PowerRating) was among the day's biggest gainers as investors bid the stock higher on news that Blackrock had purchased shares of the company during a secondary offering earlier this week.

Yahoo! (YHOO | Quote | Chart | News | PowerRating) announced that it has ended talks with Microsoft (MSFT | Quote | Chart | News | PowerRating) and instead completed a search partnership deal with rival Google (GOOG | Quote | Chart | News | PowerRating).

Do you think Google will be up or down on Tuesday? Play the TradingMarkets Stock Up or Down Contest for your chance to win $1,000 by correctly guessing the direction of a stock!


>> See more articles by David Penn
Stocks RSS
Related Articles
More Related Articles >>
PREMIER SPONSORED LINKS
TRADE CENTER
 
RELATED SITES
Nothing but forex
Please call 1-213-955-5858 ext. 1

About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback


All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

© 2008 The Connors Group, Inc.