7 Stocks you need to know for Tuesday

Citigroup (C | Quote | Chart | News | PowerRating) reached an agreement with the Federal government that calls for loan guarantees up to $306 billion and $20 billion in new capital in exchange for $27 billion in preferred shares.

King Pharmaceuticals (KG | Quote | Chart | News | PowerRating) has agreed to acquit rival Alpharma for $1.6 billion.

Reporting earnings it pre-announced a week ago, Hewlett-Packard (HPQ | Quote | Chart | News | PowerRating) reported EPS of 1.03 EPS, beating estimates for the fourth quarter as anticipated.

BlackRock, T. Rowe Price and George Soros are among the headline investors in the coal industry of late, with both Arch Coal (ACI | Quote | Chart | News | PowerRating) and Peabody Energy (BTU | Quote | Chart | News | PowerRating) among the more preferred stocks in the group. Coal energy demand is widely believed to be relatively recession-proof due to its critical role in providing electricity.

Shares of Apple (AAPL | Quote | Chart | News | PowerRating) were higher on Monday as JP Morgan (JPM | Quote | Chart | News | PowerRating) raised its 2009 and 2010 profit estimates for the company.