7 Stocks you need to know for Monday
General Motors (GM | Quote | Chart | News | PowerRating) and Ford Motor Company (F | Quote | Chart | News | PowerRating) were among those in the automotive industry asking for additional federal loans to subsidize the building of more fuel-efficient vehicles.
Trading beneath the 200-day moving average, shares of American Express (AXP | Quote | Chart | News | PowerRating) were up by more than 4% on Friday for their third consecutive day of gains.
King Pharmaceuticals (KG | Quote | Chart | News | PowerRating) announced that it may take its rejected $1.38 billion bid for Alpharma Inc. (ALO | Quote | Chart | News | PowerRating) directly to the shareholders if no agreement is reached.
Word of potential investment from Korea Development Bank encouraged buying - and short covering - in shares of Lehman Brothers Holdings Inc. (LEH | Quote | Chart | News | PowerRating) on Friday. The stock was up more than 3% on Friday.
Oracle Corporation (ORCL | Quote | Chart | News | PowerRating) has agreed to a compensation package that makes Larry Ellison the richest CEO in the United States.
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