7 Stocks You Need to Know for Monday

Stocks ended the week on a high note across the board, with both the S&P 500 and the Dow industrials closing higher for the third consecutive day.

The Dow closed up by 197.85. The Nasdaq Composite added 34.33. And the S&P 500 ended the day up 14.48.

Here are 7 Stocks You Need to Know for Monday.

General Motors (GM | Quote | Chart | News | PowerRating) and Ford Motor Company (F | Quote | Chart | News | PowerRating) were among those in the automotive industry asking for additional federal loans to subsidize the building of more fuel-efficient vehicles.

Trading beneath the 200-day moving average, shares of American Express (AXP | Quote | Chart | News | PowerRating) were up by more than 4% on Friday for their third consecutive day of gains.

King Pharmaceuticals (KG | Quote | Chart | News | PowerRating) announced that it may take its rejected $1.38 billion bid for Alpharma Inc. (ALO | Quote | Chart | News | PowerRating) directly to the shareholders if no agreement is reached.

Word of potential investment from Korea Development Bank encouraged buying - and short covering - in shares of Lehman Brothers Holdings Inc. (LEH | Quote | Chart | News | PowerRating) on Friday. The stock was up more than 3% on Friday.

Oracle Corporation (ORCL | Quote | Chart | News | PowerRating) has agreed to a compensation package that makes Larry Ellison the richest CEO in the United States.

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