TradingMarkets 7 Stocks You Need to Know for Thursday
p>Selling on Wednesday drove stocks dramatically lower, with the S&P 500 down nearly 8% in the final half hour of trading before rebounding slightly into the close.
The Dow fell by 514.45. The Nasdaq Composite lost 80.93. And the S&P 500 ended the day down 58.27.
Here are 7 Stocks You Need to Know for Thursday.
The machinist strike at Boeing
(
BA |
Quote |
Chart |
News |
PowerRating) continues to weigh heavily on the aerospace giant’s profits, which were down by 38% for the third quarter.
Thursday after the market closes Microsoft
(
MSFT |
Quote |
Chart |
News |
PowerRating) is expected to report quarterly earnings of 47 cents per share.
The global economic crisis continued to make the world difficult for mergers, with Samsung Electronics deciding to walk away from its planned acquisition of SanDisk
(
SNDK |
Quote |
Chart |
News |
PowerRating).
TD Ameritrade
(
AMTD |
Quote |
Chart |
News |
PowerRating) reports earnings Thursday morning before the bell. Analysts are expecting EPS of 0.30.
Coal stocks were among those in the energy group to sell-off aggressively on Wednesday. Massey Energy
(
MEE |
Quote |
Chart |
News |
PowerRating) lost more than 19%, while Peabody Energy Corporation
(
BTU |
Quote |
Chart |
News |
PowerRating) fell more than 10%.
Reporting earnings Thursday morning before the market opens, UPS
(
UPS |
Quote |
Chart |
News |
PowerRating) is expected to announce earnings per share of 0.89.
Do you think UPS will be Up or Down on Friday? Play the TradingMarkets Up or Down Stock Contest for your chance to win $1,000 each month for correctly guessing the direction of a stock!