Financial stocks were a drag on the market today after Bank of America reported a 77% decline in quarterly profit and National City posted a surprising loss.
The Dow lost -24.34, the S&P 500 -2.16, while the Nasdaq Composite rose +5.07.
Here are 7 Stocks You Need to Know for Tuesday:
Bank of America (BAC | Quote | Chart | News | PowerRating) reported first-quarter revenues and earnings fell substantially due to trading losses and write-downs.
Shares of National City (NCC | Quote | Chart | News | PowerRating) plunged more than 27% after the bank reported an unexpected loss. NCC cuts its dividend and said its close to securing a $7 billion cash infusion.
After the market close, Boston Scientific (BSX | Quote | Chart | News | PowerRating) beat estimates by $0.13 but issued mixed guidance.
Texas Instruments (TXN | Quote | Chart | News | PowerRating) reported earnings of $0.43, in-line with estimates.
Before the market open, AT&T (T | Quote | Chart | News | PowerRating) is scheduled to report, with analysts looking for earnings per share of $0.74.
CME Group (CME | Quote | Chart | News | PowerRating) is expected to report $4.81 per share.
And finally, the earnings forecast for DuPont (DD | Quote | Chart | News | PowerRating) is $1.27.
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