TradingMarkets 7 Stocks You Need to Know for Tuesday
Stocks sold off sharply to start the week, with the Nasdaq leading the way lower on a percentage basis. The Dow industrials lost 134.50. The Nasdaq finished down 31.13. And the S&P 500 closed lower by 14.71.
Here are 7 Stocks You Need to Know for Tuesday
News that the Centro smartphone was taking customers away from the iPhone boosted shares of Palm
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PowerRating) which manufactures the Internet-capable device.
An upgrade from Deutsche Bank AG helped oil refiners such as Tesoro
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PowerRating) move higher on Monday.
Lehman Brothers
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PowerRating) was among a number of Wall Street investment banks that saw its debt rating downgraded by Standard and Poor’s on Monday.
Acorda Therapeutics
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PowerRating) was a standout stock on Monday as investors bid shares higher in the wake of positive clinical trial results for the biotech company’s multiple sclerosis drug.
Toll Brothers
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PowerRating) is scheduled to announce quarterly earnings tomorrow morning before the bell. Analysts are expecting a loss of 0.87 EPS.
The board of directors of Wachovia
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PowerRating) finally removed CEO Ken Thompson, while Washington Mutual
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PowerRating) announced that Kerry Killinger would be replaced as chairman – though Killinger will stay on as CEO.
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