TradingMarkets’ 7 Stocks You Need To Know About Today

Citigroup
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is swapping its asset management business for Legg
Mason’s

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broker dealer unit in a $3.7 billion deal.

Micron
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MU |
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swung to a Q3 loss of 0.20 vs. the expected 0.02
profit.

Guidant
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is advising physicians about product safety–some of
its defibrillator devices are subject to failure–and said the FDA may classify
it as a recall. The company is in a deal with Johnson & Johnson
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.

IBM will add 14,000 jobs in India this year, while cutting 13,000 jobs
in Europe and the U.S.

NitroMed
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NTMD |
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received FDA approval for BiDil to treat heart
failure in Black patients.

Corinthian Colleges
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COCO |
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was cut to hold from buy at Jeffries.

Alcoa
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AA |
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is restructuring; the company will cut 6500 jobs.