7 Stocks you need to know for Tuesday
Rising prices and an analyst downgrade encouraged traders to sell shares of The Hershey Company (HSY | Quote | Chart | News | PowerRating), which were down by more than 9% on Monday.
Analysts are expecting earnings per share of $0.76 when Target (TGT | Quote | Chart | News | PowerRating) reports earnings Tuesday morning before the open.
Electronic Arts (ERTS | Quote | Chart | News | PowerRating) announced that it was withdrawing its $2 billion bid for Take-Two Interactive Software (TTWO | Quote | Chart | News | PowerRating) - though the two software gaming companies remain in negotiations.
Fears that the U.S. government will be forced to bailout both Fannie Mae (FNM | Quote | Chart | News | PowerRating) and Freddie Mac (FRE | Quote | Chart | News | PowerRating), led to aggressive selling in shares of both companies on Monday.
Home Depot (HD | Quote | Chart | News | PowerRating) reports quarterly earnings Tuesday before the bell. Analysts are expecting EPS of $0.61.
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