TradingMarkets 7 Stocks You Need to Know for Friday
A morning sell-off was met by an afternoon rally leaving the Dow and S&P 500 in the green on another volatile day in the markets.
The Dow ended the day up 172.04. The Nasdaq Composite lost 11.84. And the S&P 500 closed higher by 11.33.
Here are 7 Stocks You Need to Know for Friday.
Soaring third quarter profits sent shares of Amgen
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PowerRating) soaring as well. Although off its intraday highs, the stock gained more than 11% on the day.
Fellow biotech Celegene
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PowerRating) also beat estimates on Thursday, climbing by nearly 9%.
Goldman Sachs
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PowerRating) announced that it would be cutting approximately 10% of its workforce, the decision was reportedly due to a pessimistic outlook on future revenue.
Leading nuclear power provider Exelon
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PowerRating) reports quarterly earnings Friday morning before the market opens. Analysts are expecting EPS of 1.13.
The impact of the financial crisis on insurance companies has led both Prudential Financial
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PowerRating) and Allstate Corporation
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PowerRating) to suspend their share buyback programs. Shares of Prudential were down more than 3%. Shares of Allstate lost just over 5%.
Pricing power in plastic and latex helped Dow Chemical
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PowerRating) beat earnings estimates on Thursday.
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