MINNEAPOLIS ( Stockpickr) -- Last week, geopolitical risk returned to the market in full force. Televised violent demonstrations in Egypt shook investors to their core and stole the headlines from what has been a strong earnings season for companies trading on U.S. exchanges.Stocks dropped across the board on Friday as investors speculated that unrest in Egypt could result in higher oil prices, transportation uncertainty with the possible closing of the Suez Canal and fears that tension would spread to other countries. Within the drama, there are always individual stories for traders to exploit. Last week's trade of the week was Eastman Kodak ( EK). The company was hit by a double whammy of disappointing earnings and negative ruling with respect to a lawsuit against smart phone makers regarding how photos are delivered on handheld devices. Shares of Kodak fell by more than 20% after the news. Related: Rocket Stocks for the Week Altria ( MO) met expectations, and as a result, shares traded flat after the report. In a world of uncertainty and greater geopolitical risk in the market, Altria may be a good hiding place. The company will make its money no matter what transpires around the globe. AT&T ( T) lost more than a dollar per share last week after its earnings report. The company beat estimates in the period by 1 cent but offered disappointing guidance for the future citing the impact of competition for the ever popular iPhone. In response, the company stated it would focus on Android-based phones going forward. Good luck with that. Caterpillar ( CAT) had a great earnings report and its stock moved higher as a result, but only slightly. The company stood pat on expectations for the current year. Investors yawned. JetBlue ( JBLU) posted disappointing results thanks to higher fuel costs. The discount carrier's performance sent the entire airline sector lower. If you were looking for a good time to exit the group, now would be it. This week brings another full slate of companies reporting results. The numbers may be less in focus given unrest in Egypt, but those companies that miss expectations are likely to be punished in the current environment. Here's how to trade a few of the names reporting next week .
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