TradingMarkets 7 Stocks You Need to Know for Tuesday
Stocks ended mixed on the first day of the week, with the Dow closing lower and both the Nasdaq and the S&P 500 finishing higher.
The Dow ended the day off by 38.27. The Nasdaq Composite closed up by 20.28. And the S&P 500 finished virtually unchanged with a 0.11 gain.
Here are 7 Stocks You Need to Know for Tuesday
As expected, Lehman Brothers Holdings
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PowerRating) reported a loss of $2.8 billion for the quarter. Shares of Lehman were up more than 5%, their third consecutive day of gains.
Adobe Systems
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PowerRating) reported quarterly EPS of 0.50 after the bell on Tuesday, beating analysts estimates.
Would-be acquirer InBev has warned Anheuser-Busch
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PowerRating) not to solicit alternative bids or risk InBev withdrawing its own $46.3 billion dollar bid for the American brewer.
Best Buy
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PowerRating) is scheduled to report earnings Tuesday morning before the market opens, Analysts are expecting EPS of 0.37.
Announcing earnings before the bell on Tuesday, Goldman Sachs
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PowerRating) is expected to report earnings per share of $3.42.
A ruling by the FCC on Monday clears the way for Sirius Satellite Radio
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PowerRating) to follow through with its planned takeover of rival XM Satellite Radio
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PowerRating)
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