TradingMarkets 7 Stocks You Need to Know for Monday

Here are 7 stocks for traders for Monday:

Nortel
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announces earnings on Monday morning; watch for $0.18 EPS. NT’s PowerRating is 6.

Cosi
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reports quarterly earnings on Monday before the bell, with analysts looking for -$0.08 EPS. COSI’s PowerRating is 4.

Accredited Home Lending
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announced plans to sell $2.7 billion of its loan portfolio at a major discount to meet margin calls and stay afloat. LEND is down around 75% for the year. LEND’s PowerRating is 3.

Credit Suisse
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gave Fremont General
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an additional $1 billion in credit to help the mortgage lender deal with the recent subprime weakness. CS’s PowerRating is 6, and FMT’s PowerRating is 2.

Cepheid
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announced today that the FDA had approved the company’s new test to distinguish between bacterial and viral meningitis. CPHD’s PowerRating is 4.

In more drug news, the FDA issued a safety alert warning over Pfizer’s
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antibiotic Zyvox. PFE’s PowerRating is 5.

PowerRatings are courtesy of PowerRatings.net