TradingMarkets 7 Stocks You Need to Know for Monday
Stocks erased yesterday’s gains as gloomy outlooks from American Express,
and a number of retailers, increased concerns the U.S. economy will slip into
recession. Click
here to read the rest of today’s
Stock Market Recap.
Here are 7 stocks for traders for Monday:
Tiffany’s
(
TIF |
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PowerRating) sank 9.8% after reporting a decline in same-store
U.S. holiday sales.
McDonald’s
(
MCD |
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PowerRating) fell over 6% today, on an overwhelmingly negative
Dow Composite atmosphere.
AllianceBernstein
(
AB |
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PowerRating) fell 7.7% on Friday after cutting its 2007
EPS forecast by 30 cents.
American Express
(
AXP |
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PowerRating) slumped 10.1% today, after the company
announced it would take a $440 million charge in Q4.
FCStone
(
FCSX |
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PowerRating) reports earnings on Monday before the market
opens; look for $0.33 EPS.
M&T Bank
(
MTB |
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PowerRating) announces quarterly results Monday morning, with
traders expecting $1.63 EPS.
Genentech
(
DNA |
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PowerRating) is expected to report $0.67 EPS after the market
closes on Monday.