Friday, September 14, 2007

7 Stocks you need to know for Monday

Adobe Systems (ADBE | charts | news | PowerRating) reports earnings on Monday before the bell; look for $0.41 EPS.

American Express (AXP | charts | news | PowerRating) fell over 3% on Friday after Merrill Lynch downgraded the company from Buy to Neutral.

Intel (INTC | charts | news | PowerRating) also fell on account of a Merrill downgrade; INTC fell over 1% after receiving a Neutral rating.

Cardinal Health (CAH | charts | news | PowerRating) fell over 4% on Friday after slashing its Q4 earnings outlook for its drug distribution branch.

Lattice Semiconductor (LSCC | charts | news | PowerRating) cut Q3 growth forecasts to -2% versus previous positive outlooks.

Tween Brands (TWB | charts | news | PowerRating) rose nearly 9% on Friday after announcing a $175 million stock buy back plan.

Hovnanian (HOV | charts | news | PowerRating) rose nearly 8% on Friday as the company prepares for a 2-day sale, intended to boost revenue in the company's worst-performing markets.

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