Tuesday, March 16, 2010

7 Stocks you need to know for Tuesday

The much anticipated FOMC rate decision and statement awaits investors on Tuesday. Several important earnings announcements and the Redbook will round out the second trading day of the week. Monday ended mixed as falling oil prices combined with worse than expected home builder sentiment figures weighed on the market. An upgrade of retail giant Wal-Mart at Citigroup helped lift the DJIA into positive territory. The DJIA added 17.46, the tech heavy Nasdaq gave back 5.45, and the broad based S&P 500 eased higher by 0.52.

Here are 7 stocks you need to know for Tuesday.

Deutsche Bank AG ( DB | Quote | Chart | News | PowerRating) expects to see $1.91/share before the open.

4 cents/share is the forecast number for American Apparel Inc ( APP | Quote | Chart | News | PowerRating) after the close.

Discover Financial Services ( DFS | Quote | Chart | News | PowerRating) is looking at 9 cents/share after the closing bell.

Pressure is on Chinese Google ( GOOG | Quote | Chart | News | PowerRating) customers to find other marketing avenues such as Baidu, Incorporated ( BIDU | Quote | Chart | News | PowerRating) as Google prepares to pull out of China under governmental pressure.

Studies have concluded that Ford Motor Co ( F | Quote | Chart | News | PowerRating) combined with other U.S. carmakers have actually had more unintended acceleration deaths than the much publicized similar issues with Toyota Motor Corporation ADS ( TM | Quote | Chart | News | PowerRating).

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