TradingMarkets 7 Stocks You Need to Know for Friday
Stocks finished up on Thursday, though off their intraday highs in the case of the S&P 500 and Dow industrials.
The Dow gained 82.97. The Nasdaq Composite was up 25.05 on the day. And the S&P 500 ended higher by 7.10.
Here are 7 Stocks You Need to Know for Friday
Analysts are expecting earnings per share of $0.87 when hip, fashion retailer Abercrombie & Fitch
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PowerRating) reports earnings Friday morning before the bell.
The EE Times, an electronics industry journal, reported rumors late on Thursday that SanDisk
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PowerRating) may be acquired by Seagate Technologies
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PowerRating).
General Motors
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PowerRating) was the Dow’s biggest gainer on Thursday, adding more than 10% as traders cheered news that the benefits of the automaker’s restructuring plan may be realized sooner than expected.
Retailer JC Penny
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PowerRating) announces quarterly earnings Friday morning before the market opens. Analysts are expecting EPS of $0.50.
Shares of Wachovia
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PowerRating) were higher by more than 6% on Thursday, retracing all of Wednesday’s losses in a broad-based bank-led rally. Washington Mutual
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PowerRating) was up by more than 5%.
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