TradingMarkets 7 Stocks You Need to Know for Today
The markets closed lower again on Friday to finish a rough week for stocks. The Dow was the percentage leader to the downside.
The Dow closed down 106.91. The Nasdaq Composite ended the day lower by 5.74. And the S&P 500 finished down 4.77.
Here are 7 Stocks You Need to Know for Monday
Has the acquirer become the acquired? A Sanford Bernstein analyst is suggesting that Bristol Meyers Squibb
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PowerRating) may be a takeover target only a day after making an acquisition of its own in buying Kosan Biosciences Inc.
Missing analyst estimates for fourth quarter earnings and providing a less than optimistic forecast led to lower prices for shares of Palm
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PowerRating) on Friday, which were down more than 8%.
A larger than expected loss for Micron Technology
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PowerRating) led to a stampede from the stock on Friday, with shares lower by more than 12%.
Sony Ericcson – a joint venture between L.M. Ericsson Telephone ADS
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PowerRating) and Sony Corporation
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PowerRating) – announced that it would likely break even rather than produce a second quarter profit due to slowing cell phone demand.
Accenture
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PowerRating), the business technology consultancy firm reported a dramatic 36% gain in quarterly profits and provided an improved forecast for the year.
H&R Block
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PowerRating) reported earnings this morning, beating analyst estimates by 7 cents.
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