Friday Morning Coffee with TradingMarkets

Good Morning!

Stocks Slide Late on Thursday, Dow Drops Below 7600 … Asian Stocks Rally … Bank of Japan Keeps Rates Steady at 0.3% … Citigroup Plunges, Considers Sale of Parts, Whole Bank … Ann Taylor, HJ Heinz, JM Smucker Report Earnings Today

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TradingMarkets 7 Stocks You Need to Know for Thursday

Here are 7 stocks for traders for Thursday from TradingMarkets.com:

  • Reporting earnings Thursday after the market closed, Dell
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    beat analyst estimates by six cents.

  • Yahoo!
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    is stepping up its efforts to forge a deal with Time Warner
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    whereby in exchange for a stake in Yahoo!, Time Warner would hand over its AOL advertising business to the Internet search company.

  • Automakers failed to win support for a much-sought after bridge loan from Congress on Thursday. Shares of both General Motors
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    and Ford Motor Company
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    , which were up early in the day, finished well-off their highs.

  • Despite news that Saudi Prince Alwaleed bin Talal was increasing his investment stake in Citigroup
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    , shares of the stock moved dramatically lower for a fourth trading day in a row.

  • HJ Heinz
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    reports quarterly earnings Friday morning before the market opens. Analysts are expecting EPS of 76 cents.

For a list of today’s highest PowerRating stocks, click here.

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
Unifi Inc. UFI 9
Salix Pharmaceuticals Ltd. SLXP 9
Bank of the Ozarks OZRK 8
Almost Family Inc. AFAM 8
Hanger Orthopedic Group HGR 8

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