Sunday, September 20, 2009

7 Stocks you need to know for Monday

Another positive day on the street of dreams as stocks ended the final trading session

of the week nicely in positive territory. News of unemployment rising in 27 states and hitting record levels in Nevada and California failed to stifle the day's bullish attitude. Quadruple Witching added some to the volatility on an otherwise non eventful bullish session. The DJIA advanced 36.28, the tech heavy Nasdaq added 6.11, and the broad based S&P 500 eased higher by 2.81.

Here are 7 stocks you need to know for Monday.

Food giant, General Mills (GIS | Quote | Chart | News | PowerRating), reports fiscal first quarter 2010 earnings before the bell with an expected EPS of $1.03.

A loss of 48 cents/share is the forecast figure for Lennar Corp (LEN | Quote | Chart | News | PowerRating) on Monday prior to trading for their fiscal third quarter 2009.

Citigroup (C | Quote | Chart | News | PowerRating) is restructuring its energy trading unit, Phibro LLC, which will potentially lead to another monster payday for unit head, Andrew Hall.

The Chicago Mercantile Exchange (CME | Quote | Chart | News | PowerRating) is in talks with financial institutions including Goldman Sachs (GS | Quote | Chart | News | PowerRating) and Morgan Stanley (MS | Quote | Chart | News | PowerRating) regarding the best way to handle the $27 billion dollar credit default swap market.

Roche Holdings AG (ROG | Quote | Chart | News | PowerRating) has revealed very positive research in the fields of Autism and Alzheimer conditions.

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