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TradingMarkets 7 Stocks You Need to Know for Friday

By Ashton Dorkins | TradingMarkets.com
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Stocks closed fractionally higher on Thursday as traders turned their attention to tomorrow's monthly employment report.

The Dow lost +20.20, the Nasdaq Composite +1.90, and the S&P 500 +1.78.

Here are 7 Stocks You Need to Know for Friday:

Shares of Research In Motion (RIMM | Quote | Chart | News | PowerRating) rose 5.9% after the company reported earnings per share more than doubled from a year ago.

Micron Technology (MU | Quote | Chart | News | PowerRating) gained 6.3%, despite reporting a worse than expected loss of $0.41 per share.

Constellation Brands (STZ | Quote | Chart | News | PowerRating) swung to a fourth quarter loss, but the company beat estimates and raised its year end forecast.

Schnitzer Steel (SCHN | Quote | Chart | News | PowerRating) reported much better than expected earnings and raised its outlook.

The Wall Street Journal reported that Fifth Third Bancorp (FITB | Quote | Chart | News | PowerRating) is considering a bid to buy National City (NCC | Quote | Chart | News | PowerRating).

After the close, Lawson Software (LWSN | Quote | Chart | News | PowerRating) reported earnings of $0.08 per share, in-line with estimates.

Before the market open on Friday, Family Dollar Stores (FDO | Quote | Chart | News | PowerRating) is scheduled to report, with analysts looking for $0.42.

Do you think Family Dollar Stores will close up or down on Monday? Play TradingMarkets Up or Down Daily Stock Contest and you could win over $12,000 in cash prizes predicting the direction of a stock!


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