TradingMarkets 7 Stocks You Need to Know for Tuesday

Stocks began the day weak and that weakness only grew as the trading session developed and buying in financial shares proven insufficient to balance selling in areas such as technology and health care.

The Dow lost 79.89. The Nasdaq Composite fell 25.21. And the S&P 500 closed lower by 6.85.

Here are 7 Stocks You Need to Know for Tuesday.

Merck
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announced that it was acquiring Schering Plough
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in a cash and stock deal valued at more than $41 billion.

Reporting quarterly earnings Tuesday morning before the market opens, Kroger
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is expected to announce EPS of 52 cents.

Shares of Google
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slid by nearly 5% on Monday on growing concerns that a global economic slowdown would limit tech sector earnings and revenues.

Also scheduled to announce earnings before the bell Tuesday morning is Dick’s Sporting Goods
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. Analysts are expecting the retailer to report earnings per share of 0.53.

Boston Beer Company
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is expected to announce quarterly EPS of 37 cents during the trading day on Tuesday.

President Obama’s decision to lift restrictions on public funding for stem cell research lifted the fortunes of biotechnology companies like StemCells Inc.
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, which gained more than 40% on the day.

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