TradingMarkets 7 Stocks You Need to Know for Monday
Stocks moved lower on Friday as a negative jobs report and growing employment made traders and investors reluctant to buy.
The Dow ended the day down 143.28. The Nasdaq lost 45.42. And the S&P 500 closed lower by 19.38.
Here are 7 Stocks You Need to Know for Monday
Alcoa
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PowerRating) reports quarterly earnings on Monday after the market closes. Analysts are expecting an EPS loss of ten cents.
In late breaking news on Friday, Morgan Stanley
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PowerRating) announced that it would be buying a controlling interest in Citigroup‘s
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PowerRating) brokerage unit. Citigroup announced earlier in the day that Robert Rubin was stepping down as special counselor.
The Wall Street Journal reported that Yahoo!
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PowerRating) was nearing the end of its search to replace outgoing co-founder and CEO, Jerry Yang. Among the candidates is Yahoo! president Susan Decker.
The new entry by Palm
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PowerRating) into the competitive smart phone market cheered traders who boosted shares of both PALM and Sprint Nextel
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PowerRating) on Friday.
Reporting earnings before the bell on Monday is Charles Schwab
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PowerRating). The full service brokerage is expected to announce earnings per share of 0.26.
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