TradingMarkets 7 Stocks You Need to Know for Monday
Cranky consumers ended the 7 day stock rally on this final trading day of the week. Consumer optimism hit a 4-month low deflating the surging stock market. However, tech giants Dell and Intel increased their forecasts lifting the Nasdaq higher while the DJIA and S&P 500 closed lower on the day. The DJIA fell 36.43, the tech heavy Nasdaq eased higher by 1.04 , and the broad based S&P 500 gave back 2.05.
Here are 7 stocks you need to know for Monday.
Sun Microsystems
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PowerRating) is hoping that their loss isn’t greater than 9 cents/share for the fiscal fourth quarter 2009. JAVA reports on Monday before the bell.
China Mass Media Advertising
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PowerRating) has its sights set on an EPS of 14 cents for the second quarter, and will announce prior to the trading day on Monday morning.
Mattress maker, Culp
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PowerRating), will reveal its fiscal first quarter 2010 EPS after the close Monday, with an expected earnings of 12 cents/share.
Game king, Take-Two Interactive
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PowerRating), has analysts expecting a fiscal third quarter 2009 loss of 78 cents/share.
High end retailer, Saks Fifth Ave
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PowerRating) has just inked a deal to sell hipster brand Timberland
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PowerRating) in several of its stores.
International Paper Company
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PowerRating) has announced its plans to create forests of genetically engineered super trees.
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