7 Stocks you need to know for Tuesday

The Dow ended the day off 7.01. The Nasdaq Composite lost 27.48. And the S&;P 500 edged lower by 2.66.

Here are 7 Stocks You Need to Know for Tuesday.

Wells Fargo & Co. (WFC | Quote | Chart | News | PowerRating) chairman Richard Kovacevich blasted the U.S. government for adding conditions to the TARP assistance the financial firm has already received. Kovacevich claimed that Wells Fargo had been forced to lower its dividend because of additional TARP stipulations.

A number of companies are reporting earnings after the bell on Tuesday. They include Adobe Systems (ADBE | Quote | Chart | News | PowerRating), which is expected to announce EPS of 0.38, and Darden Restaurants (DRI | Quote | Chart | News | PowerRating). Analysts are expecting to hear earnings per share of 68 cents from Darden.

Casinos as collateral? MGM Mirage (MGM | Quote | Chart | News | PowerRating) is looking into using its casinos to help avoid defaulting on its bank loans.

President Obama pledged to use the leverage of the White House in an effort to stop American International Group (AIG | Quote | Chart | News | PowerRating) from paying out $165 million in bonuses. The development only adds to the controversy surrounding AIG, which is also under fire for its transfer of more than $100 billion in public assistance to counterparties.

Activist investor Bill Ackman has announced his intention to nominate himself to the board of Target (TGT | Quote | Chart | News | PowerRating), which continues to play catch-up with larger rival, Wal-Mart (WMT | Quote | Chart | News | PowerRating).