Sunday, July 26, 2009

7 Stocks you need to know for Monday

Microsoft messed up the earnings rally by disappointing the street with below par quarterly numbers. However, positive words from Ben Bernanke stating he was winding down the emergency financial measures counteracted the earnings let down, allowing stocks to close mixed on the day. The DJIA managed to turn positive adding 23.95, the Nasdaq gave back 7.64 and the broad based S&P 500 advanced another 2.97.

Corning (GLW | Quote | Chart | News | PowerRating) is expecting second quarter results of 30 cents/share before the bell Monday.

60 cents/EPS is the forecast figure for Honeywell (HON | Quote | Chart | News | PowerRating) announced prior to trading on Monday.

Chicken king Tyson Foods (TSN | Quote | Chart | News | PowerRating) is looking for an EPS of 18 cents pre-open Monday morning for its second quarter.

XL Capital (XL | Quote | Chart | News | PowerRating) announces its second quarter results after the close on Monday with a predicted number of 67 cents/share.

Microsoft (MSFT | Quote | Chart | News | PowerRating) missed earnings estimates but is making significant progress in settling the European Unions antitrust suit.

Monday's highlight occurs after the bell when Amgen (AMGN | Quote | Chart | News | PowerRating) reveals its second quarter results with an expected EPS of $1.15.

Uptrending internet travel company, Travelzoo (TZOO | Quote | Chart | News | PowerRating), is forecast to see an EPS of 2 cents prior to the opening bell on Monday.

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