TradingMarkets 7 Stocks You Need to Know for Tuesday
Merger madness is back on the front page as several major corporate mergers drove stock prices higher today. The bulls were clearly in control of the street despite late day profit taking. Word of the FDIC requiring banks to prepay insurance fees up to 3 years in advance sent shivers down the spine of shaky bank executives. The DJIA surged 124.17, the tech heavy Nasdaq advanced 39.82 and the broad based S&P 500 gained 18.60.
Here are 7 stocks you need to know for Tuesday.
Expanding drug store chain, Walgreen
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PowerRating), has its sights set on an EPS of 39 cents for its fiscal fourth quarter 2009. WAG will reveal on Tuesday morning before the open.
Popular restaurant owner, Darden Restaurants
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Back in the limelight, Micron Technologies
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99 cents/share is the expected fiscal first quarter 2010 earnings for athletic shoe maker Nike Inc
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PowerRating) Tuesday evening after the close.
Bank of America
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PowerRating) is being pursued in a class action lawsuit for billions of dollars per Ohio’s Attorney General.
Sleepy ticker mattress company, Sealy Corp
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PowerRating), is expecting an EPS of 5 cents/share for their fiscal third quarter 2009 announced after the bell on Tuesday.
Jabil Circuit
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PowerRating) is awaiting fiscal fourth quarter results of 2 cents/share announced after the close on Tuesday evening.
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