TradingMarkets 7 Stocks You Need to Know for Friday
The idyllic country of Greece was the center of the financial storm today. Standard & Poor’s downgraded their credit rating once again sending shock waves over the world’s equity markets. This fact combined with rising unemployment, Fed fears, and weaker than expected earnings from several key firms sent U.S. stocks sharply lower on the session. The U.S. Dollar was one of the beneficiaries of the fear climbing to 3 month highs as investors sprinted to safety. The DJIA gave back 132.86, the tech heavy Nasdaq fell 26.86 and the broad based market barometer known as the S&P 500 dropped 13.11.
Here are 7 stocks you need to know for Friday.
FedEx
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PowerRating) has announced that its earnings fell 30% from same quarter last year.
The FDA just approved a new psychiatric drug from Eli Lily
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PowerRating) for the treatment of Schizophrenia.
Moody’;s has upgraded Hartford Financial
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PowerRating) to “stable” from “developing”.
Used car retailer super store, CarMax
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PowerRating), announces earnings pre-open with a forecast EPS of 14 cents.
Cruise giant, Carnival Corp
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PowerRating), has been forecast to earn 20 cents before the bell.
LiveDeal
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PowerRating) hopes its loss does not exceed the estimated 31 cents/share after the close on Friday.
New York City has just renewed its contract with American Medical Alert
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PowerRating).