TradingMarkets 7 Stocks You Need to Know for Tuesday
Stocks closed modestly higher after trading in slight negative territory for most the session. Trade tensions between the United States and China pressured the market lower in the early going. Word of Citigroup stating it will repay its TARP funds with profits and climbing utilities lifted shares into gains by the close of trading. The DJIA advanced 21.39, the tech heavy Nasdaq moved higher by 10.88 and the broad based market barometer S&P 500 climbed 6.61.
Here are 7 stocks you need to know for Tuesday.
41 cents/share is the expected figure when Best Buy
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PowerRating) reports on Tuesday before the bell for its fiscal second quarter 2010.
Grocer Kroger Co
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PowerRating) has its sights set on fiscal second quarter 2010 EPS of 43 cents.
Adobe Systems
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PowerRating) announces its results after the close on Tuesday with analysts expecting 28 cents/share for the fiscal third quarter 2009.
A federal judge threw out a $33 million dollar settlement offer between the SEC and Bank of America
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PowerRating) over bonuses.
Citigroup
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PowerRating) stated that it will be able to repay the TARP funds at a profit to the tax payers.
Deutsche Telekom is exploring a potential takeover of Sprint Nextel Corp
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PowerRating).
China expressed interest in buying utility AES Corporation
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PowerRating).
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