7 Stocks you need to know for Tuesday
Goldman Sachs (GS | Quote | Chart | News | PowerRating) noted today that demand, not speculation, was the source of the crude oil market's strength.
Ebay (EBAY | Quote | Chart | News | PowerRating) lost a French lawsuit over counterfeit luxury items sold through its online auctions. The company was directed to pay more than $63 million in damages.
Lehman Brothers Holdings (LEH | Quote | Chart | News | PowerRating) fell more than 10% on Monday amid rumors that the investment bank may be taken over at a price below market value.
H&R Block (HRB | Quote | Chart | News | PowerRating) surprised analysts with an above-expectations earning report on Monday, along with plans for a $2 billion share buy back program.
In an effort to spin its failed deal with Microsoft (MSFT | Quote | Chart | News | PowerRating), Yahoo! (YHOO | Quote | Chart | News | PowerRating) is now claiming that it believes Microsoft was never truly interested in buying the company anyway.
Campbell Soup (CPB | Quote | Chart | News | PowerRating) announced plans for a $1.2 billion stock buy back amid news that the soup maker's earnings growth for the year would be near the top of its forecast.
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