TradingMarkets 7 Stocks You Need to Know for Friday

The massive bull rally took a breather today with stocks sharply lower across the board. A report indicating that oil stockpiles are greater than expected cast doubt on the reality of the recovery. Energy shares led the declined and Hewlett-Packard’s bid for 3Com did little to spur the bulls into action. The DJIA sunk 93.79, the tech heavy Nasdaq gave up 17.88 and the broad based S&P 500 slipped 11.27.

Here are 7 stocks you need to know for Friday.

Teen clothier, Abercrombie & Fitch
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, is stitching for fiscal third quarter 2010 EPS of 20 cents prior to the open.

Discount shopping giant, JP Penney
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, has analysts expecting fiscal third quarter 2010 earnings of 12 cents before the bell.

Companhia de Saneamento Basico
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has forecast an EPS of $1.73 prior to trading.

14 cents/share is the projected number for China Valves Technology
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announced before the trading day.

Artio Global Investors
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has its eyes set on an EPS of 41 cents revealed prior to the bell.

An EPS of 47 cents is the expected number for Blue Rino
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prior to the opening bell.

A loss of 75 cents/share is forecast for Teekay Corp
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before trading starts.

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