TradingMarkets 7 Stocks You Need to Know for Tuesday
Stocks ended the day lower on Monday, with the Nasdaq Composite being the clear percentage leader to the downside.
The Dow lost 42.01. The Nasdaq Composite ended the day down 25.40. And the S&P 500 closed lower by 11.30
Here are 7 Stocks You Need to Know for Tuesday
Carl Icahn, activist investor and major shareholder in ImClone
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PowerRating), claimed on Monday that the $4.5 billion dollar offer for the company by Bristol Meyers Squibb
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PowerRating) was insufficient.
Motorola
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PowerRating) picked former Qualcomm
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PowerRating) COO, Sanjay Jha to head up its Mobile Devices division. Jha will be co-CEO.
Sirius XM
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PowerRating) fell more than 8% in trading on Monday in the wake of the official completion of the merger between Sirius Satellite and XM Satellite Radio on Friday.
Procter & Gamble
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PowerRating) reports earnings Tuesday morning before the bell. Analysts are expecting EPS of $0.78.
Intel
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PowerRating) unveiled a new line of graphics chips designed especially to meet the demands of video gamers. The new chip, code-named Larrabee, is the semiconductor company’s latest bid to compete in the high-end graphics card industry.
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