TradingMarkets 7 Stocks You Need to Know for Tuesday
Stock market volatility did not match the aggressive flow of financial news today. Word of Obama demanding that banks increase lending and a huge oil buy out kept investors expecting market fireworks that never materialized. Surprisingly, even word of Kraft Food’s rebuffed offer for Cadbury failed to create much excitement. The broad market traded in a lack luster fashion ending higher on the day. The DJIA added 29.55, the Nasdaq pushed higher by 21.79 and the broad based S&P 500 increased by 7.70.
Here are 7 stocks you need to know for Tuesday.
Software maker, Adobe Systems
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PowerRating), reports after the close with an expected EPS of 31 cents.
Big box retailer, Best Buy
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PowerRating), has its eye set on an EPS of 43 cents before the open.
Exxon Mobil
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PowerRating) completed its $31 billion dollar buyout of XTO Energy
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PowerRating).
Google
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PowerRating) announced its getting into the phone handset business by distributing test units to its employees.
Wells Fargo
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PowerRating) and PNC Financial
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PowerRating) are expected to soon repay TARP funds to the Government.