TradingMarkets 7 Stocks You Need to Know for Friday
Stocks surged higher Thursday hitting levels not seen since November of last year. A strong Treasury auction and another round of strong earning reports powered the rally. The DJIA climbed 83.74 after trading much higher intraday, the Nasdaq added 16.54 and the S&P 500 surged 11.60.
Friday is another heavy session of earning releases. Here are 7 stocks you need to know.
Weyerhaeuser
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PowerRating) is forecasting a loss of 71 cents/share Friday before the bell.
Newspaper kingpin, Washington Post
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PowerRating), expects to see second quarter earnings of $3.62/share prior to the trading session on Friday.
Airline, British Airways
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PowerRating), announces full year results with a forecast loss of $2.12/share weighing on the company before the open on Friday.
Insurer, CNA Surety
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PowerRating), has forecast a gain of 45 cents/share for the second quarter before the bell Friday.
Popular steak house, Ruth Chris
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PowerRating), expects an EPS of 7 cents on Friday prior to the open.
Innovative tool company, Snap-On
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PowerRating), is fully expecting to see an EPS of 73 cents for the second quarter before the bell on Friday.
The trust formed to consolidate all the bad home loans, PennyMac
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PowerRating), cut its IPO by 20% and shares fell on the first day of trading.
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