TradingMarkets 7 Stocks You Need to Know for Friday
Stocks staged a strong intra-day reversal from early selling as it appeared increasingly likely that the Senate would overcome a GOP filibuster threat and pass the President’s stimulus plan.
The Dow gained 106.41. The Nasdaq Composite ended the day up 31.19. And the S&P 500 closed higher by 13.62.
Here are 7 Stocks You Need to Know for Friday.
JDS Uniphase
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PowerRating) reported earnings Thursday after the market closed, beating analyst estimates. The stock was lower immediately after the earnings news.
Akamai Technologies
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PowerRating) and International Flavors and Fragrances
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IFF |
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PowerRating) were among those companies reporting earnings on Thursday that were dramatically better than expectations. Akamai soared by more than 17%, while IFF gained more than 15%.
Analysts are expecting earnings per share of 92 cents from Biogen Idec
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PowerRating) in its quarterly earnings report Friday before the bell.
Also announcing earnings Friday morning is Weyerhaeuser
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PowerRating). Analysts are expecting an EPS loss of 0.57.
Better than expected earnings also drove Mastercard
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MA |
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PowerRating) higher on Tuesday by more than 12%.
After closing lower for six consecutive trading sessions below the 200-day moving average and continuing lower early on Thursday, Bank of America
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PowerRating) rallied by more than 3% late in the trading day.
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