TradingMarkets 7 Stocks You Need to Know for Tuesday

By | TradingMarkets.com | July 06, 2009 05:00 PM
Symbols: GM, AA, RT, KED, ISCA

Stocks ended the day mixed after spending much of the day in negative territory. Good news from the service sector was counteracted by earning nervousness and falling commodity prices. The DJIA ended the session higher by 44.13 to 8324.87, the Nasdaq gave back 9.12 to 1787.40 and the S&P 500 eased ahead by 2.30 to 898.72.


Here are 7 stocks you need to know about for Tuesday.


NASCAR racing fans need to watch International Speedway ( ISCA | Quote | Chart | News | PowerRating) as the racetrack owner announces second quarter earnings before the bell with a 31 cents/share estimate.


Restaurant chain, Ruby Tuesday ( RT | Quote | Chart | News | PowerRating), reveals earnings after the closing bell on Tuesday.


Kayne Anderson Energy ( KED | Quote | Chart | News | PowerRating) is expecting to see 36 cents per share when its second quarter earnings are released after the close on Tuesday.


General Motors ( GM | Quote | Chart | News | PowerRating) bankruptcy plan was approved by a Federal Judge.


A broad based decline in commodities sent Alcoa ( AA | Quote | Chart | News | PowerRating) and Freeport McMoRan Copper & Gold ( FCX | Quote | Chart | News | PowerRating) lower on the day.


Negative news continues to wallop Bank of America ( BAC | Quote | Chart | News | PowerRating) with a 10% increase of bad loans lifting the banks loser loans to over $7 billion dollars, per Credit Suisse.


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Original publication: July 06, 2009

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