7 Stocks you need to know for Tuesday

The respected head of Templeton Asset Management, Mark Mobius, made the dire prediction of an imminent 30% decline in global stocks today. This highly negative sentiment combined with the VIX future spread signaling a sharp increase by the historically bearish September/October time frame sent shares lower on the session. The DJIA ended down 32.12 after trading lower on the day, the Nasdaq fell 8.01 and the broad based S&P 500 gave back 3.38.

Here are 7 stocks you need to know for Tuesday.

Tibco Software (TIBX | Quote | Chart | News | PowerRating) is rumored to be acquired by SAP AG (SAP | Quote | Chart | News | PowerRating).

Fashion brand, Fossil (FOSL | Quote | Chart | News | PowerRating), is expecting a second quarter EPS of 20 cents before the bell on Tuesday morning.

An EPS of 33 cents is the forecast number prior to trading Tuesday morning for the 2nd quarter of Critical Therapeutics (CRTX | Quote | Chart | News | PowerRating).

Down on the farm, Bob Evans (BOBE | Quote | Chart | News | PowerRating), announces its fiscal first quarter 2010 results after trading Tuesday with an expected EPS of 50 cents.

Strip club purveyor, Rick's Cabaret (RICK | Quote | Chart | News | PowerRating), has traders expecting to see fiscal third quarter earnings of 19 cents on Tuesday after the close.

A loss of 9 cents is the projected fiscal third quarter results for Applied Materials (AMAT | Quote | Chart | News | PowerRating), announcing after the bell on Tuesday.