7 Stocks you need to know for Tuesday
A Goldman Sachs downgrade from "buy" to "neutral" sent shares of Cheesecake Factory Inc. (CAKE | Quote | Chart | News | PowerRating) lower on Friday by more than 6%.
Good news in the semiconductor industry extends to suppliers and parts maker as well, as Verigy Ltd. (VRGY | Quote | Chart | News | PowerRating) announced on Friday that its third quarter earnings were above analyst expectations.
Foot Locker (FL | Quote | Chart | News | PowerRating) announced significant first quarter losses, but soothed investors by reaffirming their guidance for the full year. The stock was higher by more than 12% on Friday.
Reporting earnings on Friday, Goodyear Tire & Rubber (GT | Quote | Chart | News | PowerRating) announced that the company had exceeded analyst expectations.
A less than optimistic outlook from Royal Caribbean Cruises (RCL | Quote | Chart | News | PowerRating) sent shares sharply lower on Friday.
CA, Inc. (CA | Quote | Chart | News | PowerRating) announced a better than expected revenue forecast for 2009, surprising investors and sending the stock up nearly 4% on Friday.
A report that InBev NV of the Netherlands was considering buying Anheuser-Busch Company (BUD | Quote | Chart | News | PowerRating) sent shares of the American beer distributor soaring by more than 7% on Friday.
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