TradingMarkets 7 Stocks You Need to Know for Tuesday
Dubai World clearly stated that it was in constructive talks with its creditors triggering a late day bullish buying in U.S. equities. In addition, JP Morgan and Citibank made statements that their exposure to a potential Dubai default was manageable, further calming the nervous jitters. Oil spiked on word of an Iranian hostage-taking while gold also continued its climb higher. The DJIA gained 34.92, the tech heavy Nasdaq advanced 6.16, and the broad based S&P 500 moved higher by 4.14.
Here are 7 stocks you need to know for Tuesday.
Office superstore, Staples
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PowerRating), reveals their fiscal third quarter 2010 earnings before the bell with an expected EPS of 38 cents.
Roof supply firm, Beacon Roofing Supply
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PowerRating), has forecast an EPS of 38 cents for their fiscal fourth quarter 2009 before trading starts.
A loss of 7 cents is slated for Isle of Capri Casinos‘
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PowerRating) fiscal fourth quarter 2009 prior to the open.
MGM Mirage
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PowerRating) unveils its Las Vegas $8.5 billion dollar City Center project today.
Goldman Sachs placed US Steel
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PowerRating) on its “conviction buy” list and upgraded the steel sector.
JP Morgan
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PowerRating) and Citigroup
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PowerRating) have revealed that their exposure to Dubai World is “very manageable” at $9 billion.