A late rally on Wall Street managed to lift the major averages firmly into positive territory. Stocks traded sharply lower earlier in the session, after large overnight declines in Asia and Europe. Beazer Homes shares lost more than 20% as credit market jitters remain the dominant theme, with problems reaching far beyond the subprime market. Click here for the rest of today's Stock Market Recap.
Here are 7 stocks for traders for Thursday:
Walt Disney (DIS | Quote | Chart | News | PowerRating) beat earnings estimates after Tuesday's close. The company reported $0.58 EPS versus estimates of $0.55 EPS.
Diana Shipping (DSX | Quote | Chart | News | PowerRating) should report $0.40 EPS before the market opens on Thursday.
Nokia (NOK | Quote | Chart | News | PowerRating) is expected to announce $0.36 EPS on Thursday morning.
NYSE Euronext (NYX | Quote | Chart | News | PowerRating) is looking to report $0.63 EPS when the company announces earnings on Thursday morning.
Starwood Hotels (HOT | Quote | Chart | News | PowerRating) should report $0.63 EPS early Thursday.
Verasun Energy (VSE | Quote | Chart | News | PowerRating) is looking to have EPS of $0.15 on Thursday before the market opens.
Viacom (VIA.B | Quote | Chart | News | PowerRating) should report $0.50 earnings per share early Thursday.
John Lee
Associate Editor
johnl@tradingmarkets.com
Join TradingMarkets Director of Education, Steve Primo, as he teaches a number of quantitative strategies that can potentially give you an edge in your trading.
Sign up now for one of our free training classes and start learning how to become a better trader.