TradingMarkets 7 Stocks You Need to Know for Friday
The Dow’s winning streak came to an end, weighed down by American International Group’s pre-earnings decline. The Dow lost -112.10, the Nasdaq Composite -22.21 and the S&P 500 lost -12.34.
Here are 7 stocks to watch on Friday…
After the market close, American International Group
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PowerRating) missed earnings by -$1.85, reporting a loss of $-1.25 versus estimates of $0.60.
Dell
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PowerRating) missed estimates by -$0.05, However, the company announced plans to buyback at least $1 billion of common stock in Q1.
Earlier today, Freddie Mac
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PowerRating) reported much worse than expected earnings, missing estimates by -$1.63. FRE’s fourth quarter loss came in at $2.5 billion.
Shares of Sprint Nextel
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S |
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PowerRating) tumbled after the company also disappointed. Sprint reported a net loss of $29.45 billion after virtually writing-off the cost of its 2005 Nextel acquisition.
Before the market open tomorrow, Sepracor
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PowerRating) is expected to report Q4 2007 earnings of $0.53.
Mirant
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PowerRating) is also scheduled to report before the market open on Friday, with analysts expecting $0.68.
And finally, do you think Cisco Systems
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PowerRating) will close up or down on Monday? Play TradingMarkets Up or Down Daily Stock Contest for the chance to win $1000 every month by predicting the direction of a stock.