TradingMarkets 7 Stocks You Need to Know for Tuesday
Advantage Sellers: stocks began the week on a major down note, with the major averages selling off throughout the session.
The Dow finished down 250.89. The Nasdaq Composite closed lower by 53.51. And the S&P 500 ended the day off 26.72.
Here are 7 Stocks You Need to Know for Tuesday.
Rumors that the government was seeking to increase its stake in Citigroup
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PowerRating) helped strengthen financial stocks across the board early in trading on Monday.
Home Depot
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PowerRating) reports quarterly earnings Tuesday morning before the market opens. Analysts are expecting EPS of 15 cents.
Also reporting earnings before the bell Tuesday morning are retailers Macy’s
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PowerRating). Macy’s is expected to announce earnings per share of 1.01. Analysts are expecting Target to report EPS of 83 cents.
Earnings per share of 58 cents is what analysts are expecting from Medco Health Solutions
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PowerRating) when it reports quarterly earnings Tuesday morning before the bell.
Reporting earnings after the market closes on Tuesday is Wynn Resorts
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PowerRating). Analysts are expecting earnings per share of 0.44.
Growing credit card defaults have encouraged American Express
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PowerRating) to pay selected cardholders $300 if they pay off and close their American Express accounts by April 30th.
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