TradingMarkets 7 Stocks You Need to Know for Tuesday
After days of increasingly overbought markets, the sellers stepped in on Monday with a vengeance, sending the S&P 500 down nearly 8% late in the trading day.
The Dow fell 679.95. The Nasdaq Composite lost 137.50. And the S&P 500 ended the day down 80.03.
Here are 7 Stocks You Need to Know for Tuesday.
Marvell Technology Group
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PowerRating) reports quarterly earnings Tuesday after the market closes. Analysts are expecting earnings per share of 0.21.
Sears Holdings
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PowerRating), run by former hedge fund manager Eddie Lampert, provides quarterly earnings Tuesday morning before the bell. The company is expected to announce EPS of -0.49.
Yahoo!
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PowerRating) knocked down weekend rumors – and an overseas newspaper report – that the company was considering sale of its search engine business to Microsoft
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PowerRating).
Reporting earnings Tuesday morning before the bell, Staples
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PowerRating) is expected to announce earnings per share of 41 cents.
Lowered profit forecasts for General Electric
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PowerRating) encouraged traders to sell shares of the stock on Monday. GE was down more than 8%.
Beazer Homes USA
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PowerRating) reports quarterly earnings Tuesday morning before the market opens. Analysts are expecting EPS of – 2.10.
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