TradingMarkets 7 Stocks You Need to Know for Monday

Stocks fell again on Friday, after another disappointing economic report and a rather gloomy outlook from J.C. Penney.

The Dow lost -86.06 , the Nasdaq Composite rose -19.65, and the S&P 500 -10.54.

Here are 7 stocks to watch…

J.C. Penney
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lowered its first quarter sales and earnings outlook, citing weakness in consumer spending. JCP shares lost 7.5% and weighed on other consumer stocks.

KB Home
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lost 4.9% after the company reported earnings that missed estimates by a wide margin.

Electronic Arts
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extended the deadline on its $2 billion offer for Take-Two Interactive Software
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.

Altria
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MO |
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is spinning-off Philip Morris International. Altria shareholders will receive one share of Philip Morris International for each Altria share they own. The new company will replace Allegheny Technologies
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in the S&P 100 and Circuit City Stores
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CC |
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in the S&P 500.

Before the market open on Monday, Shaw Group
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is scheduled to report earnings, with analysts looking for $0.54 per share.

Do you think eBay
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will close up or down on Tuesday? Play TradingMarkets Up or Down Daily Stock Contest and you could win over $13,000 in cash prizes predicting the direction of a stock!