TradingMarkets 7 Stocks You Need to Know for Monday
Stocks ended the week on a powerful note, with the Nasdaq closing up more than 2% on the day.
The Dow closed up by 165.77. The Nasdaq Composite ended the day 50.15. And the S&P 500 finished up by 20.16.
Here are 7 Stocks You Need to Know for Monday
Days after rallying on optimism on overseas sales, shares of Coca Cola
(
KO |
Quote |
Chart |
News |
PowerRating) fell on Friday on the news that bottler Coca Cola Hellenic would be cutting sales and profit forecasts for the year due to rising raw materials costs.
Capital-raising and dividend-cutting appear to be in the future for Fifth Third Bancorp
(
FITB |
Quote |
Chart |
News |
PowerRating), according to analysts at BMO Capital Markets. The stock was among Friday’s biggest losers.
In the face of a $46.3 billion dollar bid from Belgian brewer InBev, Anheuser-Busch
(
BUD |
Quote |
Chart |
News |
PowerRating) announced that it was in talks about a possible deal with Mexican beer maker, Grupo Modelo instead.
Lehman Brothers Holdings
(
LEH |
Quote |
Chart |
News |
PowerRating) was among the day’s biggest gainers as investors bid the stock higher on news that Blackrock had purchased shares of the company during a secondary offering earlier this week.
Yahoo!
(
YHOO |
Quote |
Chart |
News |
PowerRating) announced that it has ended talks with Microsoft
(
MSFT |
Quote |
Chart |
News |
PowerRating) and instead completed a search partnership deal with rival Google
(
GOOG |
Quote |
Chart |
News |
PowerRating).
Do you think Google will be up or down on Tuesday? Play the TradingMarkets Stock Up or Down Contest for your chance to win $1,000 by correctly guessing the direction of a stock!