7 Stocks you need to know for Monday

Centene (CNC | charts | news | PowerRating) received a notice that its contract with Kansas' Health Policy Authority will expire at the end of 2006. The subsidiary which lost the contract generated roughly $240 mn of CNC's 2005 revenue.

Robert Rubin, a director at Citigroup (C | charts | news | PowerRating), resigned from Ford's (F | charts | news | PowerRating) board of directors, citing that the relationship between C and F could lead to suspicions of conflict of interest. Rubin had been on the F board for 6 years.

Empire Resorts' (NYNY | charts | news | PowerRating) horsemen received new arbitrated contract terms from New York Racing and Wagering Board today.

Donald Zacharias announced his decision to retire from the board of directors of Sanderson Farms (SAFM | charts | news | PowerRating). Zacharias had been on the board since 1988.

Medicis Pharmaceutical (MRX | charts | news | PowerRating) received a positive recommendation from the FDA for the drug Radiesse, a facial wrinkle filler.

Beacon Roofing (BECN | charts | news | PowerRating) announced plans to buy Roof Depot, a Minnesota-based roofing products company that generated sales of $31 mln in 2005.