7 Stocks you need to know for Monday

The Dow lost 148.38. The Nasdaq Composite fell 41.80. And the S&P 500 ended the day down 16.92.

Here are 7 Stocks You Need to Know for Monday.

Despite the controversies surrounding executives at American International Group (AIG | Quote | Chart | News | PowerRating), a number of the insurers top risk managers will be staying on with the company according to the Wall Street Journal.

General Motors (GM | Quote | Chart | News | PowerRating) is increasingly less likely to meet its government mandated deadline for restructuring and cost-cutting, despite the large number of employees who took advantage of the automaker's buyout offers earlier this week.

Joining the ranks of companies downsizing physical plants, Amazon.com (AMZN | Quote | Chart | News | PowerRating) announced that it would be shutting down some of its facilities this year in a cost-cutting effort.

Apple (AAPL | Quote | Chart | News | PowerRating) will be ending its fixed 99 cent price for songs downloaded by way of its iTunes online music store as of April 7.

Boston Scientific (BSX | Quote | Chart | News | PowerRating) warned on Friday that some of its defibrillators may misfire due to issues with wiring.

Bank CEOs from Ken Lewis of Bank of America (BAC | Quote | Chart | News | PowerRating) to John Stumpf of Wells Fargo (WFC | Quote | Chart | News | PowerRating) met with President Obama at the White House to discuss banking's roll in economic policy.