TradingMarkets 7 Stocks You Need to Know for Monday
Stocks skyrocketed on this final trading day of the week. Confidence bolstered by better than expected data from Non Farm Payrolls, the bulls went on a buying frenzy pushing shares higher. The stock market seemed to overlook extremely negative news from the Consumer Credit numbers indicating the fifth straight decline as fear still firmly grips the consumer marketplace. The DJIA soared 113.97, the Nasdaq broke the technically critical 2000 level rising 27.09, and the broad based S&P 500 advanced 13.40.
Satellite TV purveyor, Dish Network Corp
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PowerRating), has investors expecting second quarter earnings of 67 cents/share before the trading day on Monday.
46 cents/share is the forecast fiscal third quarter figure for Hormel Foods
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HRL |
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PowerRating) announced Monday prior to the bell.
Virgin Mobile
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VM |
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PowerRating) is predicted to turn in second quarter earnings of 13 cents/share before the session begins on Monday.
Internet travel company, Priceline.com
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PowerRating), reveals its second quarter results after the close of trading on Monday with a predicted EPS of $1.62/share.
Ark Restaurants
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PowerRating) has a forecast fiscal third quarter EPS of 71 cents/share.
Retailers Kenneth Cole
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PowerRating) and Urban Outfitters
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URBN |
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PowerRating) were upgraded despite the negative consumer credit news.
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