TradingMarkets 7 Stocks You Need to Know for Tuesday

Stocks ended lower on Monday, with news of Microsoft’s decision to withdraw its bid for Yahoo! casting a shadow over the session’s trading.

The Dow was down -88.66.  The S&P 500 ended the day down -6.41.  And the Nasdaq Composite was off by -12.86.

Here are 7 Stocks You Need to Know for Monday:

Yahoo
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rallied late in the day to finish down 15% after Microsoft withdrew its bid for the company.

Shares of Sprint
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rallied on the news that the company was considering selling or spinning off Nextel as an independent entity.

Fannie Mae
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announces earnings before the open on Tuesday, with analysts expecting EPS of -$0.81.

Bank of America
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announced that it planned to complete its take over of  Countrywide Financial despite an analyst report critical of the takeover.

Reporting earnings before the market opens on Tuesday, Sara Lee
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is expected to announce earnings per share of $0.24.

The box office success of “Ironman” encouraged traders to bid shares of Marvel Entertainment
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higher by more than 9% on Monday.

Shares of General Motors
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lost more than 3% on news of a labor dispute at a plant in Kansas.

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