TradingMarkets 7 Stocks You Need to Know for Tuesday
Stocks finished a fitful day moderately lower, as the largely sideways consolidation since mid-January continues to lengthen.
The Dow lost 82.35. The Nasdaq Composite ended the day down 7.35. And the S&P 500 finished lower by 8.35.
Here are 7 Stocks You Need to Know for Tuesday.
Reporting quarterly earnings on Tuesday before the market opens is Wal-Mart
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PowerRating), which is expected to announce EPS of 99 cents.
Also announcing earnings Tuesday morning is Transocean Inc.
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PowerRating). The drilling and exploration company is expected to report earnings per share of 3.70.
JP Morgan Chase & Company
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PowerRating) and Citigroup
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PowerRating) announced that they would be suspending home foreclosures until March. The deal was part of a pledge the firms made to Congress.
A number of financial media outlets including Bloomberg Television reported that Bank of America
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PowerRating) will be separating its corporate banking operations from its investment banking business. The report was made late in the trading day on Friday.
Teva Pharmaceuticals
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PowerRating) is expected to announce quarterly earnings per share of 73 cents when it reports on Tuesday.
Wells Fargo
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PowerRating) announced that its fourth quarter loss was actually larger than originally reported. The revision results in an EPS decrease of five cents.
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