TradingMarkets 7 Stocks You Need to Know for Friday
Goldman Sachs’ executives are going to have to learn to delay gratification as the firm announced this year’s bonus payments will be paid via stock locked up for 5 years. Despite the tension emanating from Goldman, stocks rallied higher on the session. Word of an improving employment situation combined with better than expected trade figures powered the optimistic trading day. The DJIA climbed 68.78, the tech heavy Nasdaq pushed ahead by 7.13 and the broad based S&P 500 added 6.40.
Here are 7 stocks you need to know about for Friday.
Eli Lilly
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PowerRating) reaffirmed negative projections for the rest of their fiscal year.
Starbucks
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PowerRating) and Coca Cola
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PowerRating) both hit 52-week highs Thursday.
In the wake of TARP repayments, Citigroup
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PowerRating), says it’s likely to raise up to $15 billion in a new stock offering to help repay the Fed.
Word on the street is that Intel‘s
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PowerRating) potential buy out of NVIDIA
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PowerRating) has hit the skids.
Bank of America
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PowerRating) is forced to wait until next week to name a new CEO due to a 5 day wait provision in its agreement to pay back government loans.