TradingMarkets 7 Stocks You Need to Know for Tuesday
Stocks ended the first trading day of the week mixed with the Dow and S&P 500 up slightly and the Nasdaq Composite down nearly 1%.
The Dow closed up by 3.50. The Nasdaq Composite ended the day down 22.65. And the S&P 500 finished ahead by 1.62.
Here are 7 Stocks You Need to Know for Tuesday
Goldman Sachs
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PowerRating) noted today that demand, not speculation, was the source of the crude oil market’s strength.
Ebay
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PowerRating) lost a French lawsuit over counterfeit luxury items sold through its online auctions. The company was directed to pay more than $63 million in damages.
Lehman Brothers Holdings
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PowerRating) fell more than 10% on Monday amid rumors that the investment bank may be taken over at a price below market value.
H&R Block
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PowerRating) surprised analysts with an above-expectations earning report on Monday, along with plans for a $2 billion share buy back program.
In an effort to spin its failed deal with Microsoft
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PowerRating), Yahoo!
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PowerRating) is now claiming that it believes Microsoft was never truly interested in buying the company anyway.
Campbell Soup
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PowerRating) announced plans for a $1.2 billion stock buy back amid news that the soup maker’s earnings growth for the year would be near the top of its forecast.
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