With the absent of any international rumblings, Friday is shaping up to be a quiet day on the Street of Dreams. A very light earnings release schedule and Wholesale Trade figures combined with the impending weekend may cast an aura of calm across stocks. Improved retail sales lifted stocks as Greek positive words from Euro chief, Trichet added to the bullish sentiment. The Euro climbed on Trichet’s comments resulting in a falling USD. The DJIA advanced 29.55 powered by American Express and McDonald’s. The Nasdaq climbed 5.65 and the broad based S&P 500 moved higher by 3.99.
Here are 7 Stocks You Need to Know for Friday.
Merger chatter from airlines US Airways ^LCC^ and UAL ^UAUA^ added energy to the trading day.
Constellation Brands ^STZ^ reports before the bell with an estimated EPS of 24 cents.
$2.00/share is the forecasted EPS for Blyth Inc ^BTH^ prior to trading.
Shaw Communications ^SJR^ has analyst expecting 32 cents/share prior to trading.
A surge in gambling revenue is helping Wynn Resorts ^WYNN^ and MGM Mirage ^MGM^ to climb higher.