Monday Morning Coffee with TradingMarkets

Good Morning!

Asian Stocks Lower as Japan Slides Into Recession … GOP Resists Auto Bailout … Yen Rallies on Continued Economic Fears … Goldman Execs Refuse Bonuses … Target, Lowe’s, Xinhua Finance Report Earnings Today …

If your stock trading could use a boost, then treat yourself to a free, 7-day trial to our Short Term PowerRatings. The highest rated Short Term PowerRatings stocks have outperformed the average stock by a margin of nearly 17 to 1 after five days. Click here to start your free trial today!

TradingMarkets 7 Stocks You Need to Know for Monday

Here are 7 stocks for traders for Monday from TradingMarkets.com:

  • In a memo to employees, Citigroup
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    CEO said that the company’s revenues are “strong and stable.”

  • Sun Microsystems
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    announced on Friday that it was cutting up to 6,000 jobs.

  • Reporting a quarterly loss of more than $25 billion, mortgage finance giant Freddie Mac
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    petitioned the U.S. Treasury for more than $13 billion in emergency funding.

  • Belgian brewer InBev won U.S. antitrust approval for its proposed acquisition of Anheuser-Busch
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    . Shares of BUD have gained more than 20% since making an oversold low in late October.

  • After a dramatic intraday reversal on Thursday, Dell
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    was one of the best performers in the S&P 500 on Friday, rallying by more than 6% intraday.

  • More retail earnings on deck for Monday. Target
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    reports before the bell, with analysts expecting earnings per share of 0.49. Also reporting before the market opens on Monday is Lowe’s
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    . Lowe’s is expected to announce EPS of 0.28.

For a list of today’s highest PowerRating stocks, click here.

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
Standex International Corp. SXI 8
Star Scientific Inc. STSI 8
Energent BioSolutions Inc. EBS 7
Carter Holdings Inc.. CRI 7
Stifel Financial Corp. SF 7

View More Stocks

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