TradingMarkets 7 Stocks You Need to Know for Thursday
Stocks shrugged off surprisingly lower new homes sales figures pushing higher for the fourth session in a row. Rising commodity prices and word of Wells Fargo debt payback powered the buying. Positive news of growing incomes and spending added to the bullish tenor of the day. The DJIA advanced 1.51, the tech heavy Nasdaq closed up 16.97, and the broad based S&P 500 moved higher by 2.57.
Here are 7 stocks you need to know about for Thursday.
Novartis
(
NVS |
Quote |
Chart |
News |
PowerRating) just purchased Corthera, a biopharmaceutical company, for $120 million.
SanDisk
(
SNDK |
Quote |
Chart |
News |
PowerRating) was upped to a “buy” at ThinkEquity.
A ski resort operator owned by the Fortress Group
(
FIG |
Quote |
Chart |
News |
PowerRating) may be defaulting on a $1.4 billion dollar loan as it continues to delay a $524 million dollar debt payment.
American International Group
(
AIG |
Quote |
Chart |
News |
PowerRating) is divesting of its non-U.S. assets recently selling its Israel mortgage unit.
1 cent is the expected EPS for Leading Brands
(
LBIX |
Quote |
Chart |
News |
PowerRating) before the open on Thursday.
Kohlberg Capital Corp
(
KCAP |
Quote |
Chart |
News |
PowerRating) announces prior to trading with a forecast EPS of 26 cents.
Raytheon
(
RTN |
Quote |
Chart |
News |
PowerRating) was the fortunate winner of a billion dollars plus Taiwanese defense contract.