TradingMarkets 7 Stocks You Need to Know for Friday
Stocks rallied again on Thursday with a second day of advancing financial stocks and retreating oil prices.
The Dow closed up 207.38. The Nasdaq Composite ended the day ahead by 27.45. And the S&P 500 finished Thursday up 14.96.
Here are 7 Stocks You Need to Know for Friday.
Higher fees for investment banking helped JP Morgan
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PowerRating) blow away earnings estimates on Thursday, beating expectations by 10 cents. JP Morgan closed up more than 13%.
Microsoft
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PowerRating) reported earnings Thursday after the closing bell, announcing EPS of $0.46 and missing estimates by a penny. The stock had closed up by just under 1% that day.
Also reporting earnings after the market closed on Thursday, Google
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PowerRating) missed earnings estimates by 11 cents. Google had ended the day slightly lower.
Reporting earnings before the bell on Friday, Citigroup
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PowerRating) is expected to announce a loss of $0.61 per share. Citigroup closed up by more than 9% on Thursday.
IBM
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PowerRating) blew away earnings estimates this evening after the bell, beating the number by 16 cents. Shares of IBM had edged higher by the close of trading on Thursday.
Merrill Lynch
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PowerRating) missed analyst earnings estimates by a wide margin on Thursday, reporting a loss of $4.97 when a loss of $1.91 was expected. Traders had bid MER higher by more than 9% in advance of the earnings announcement.
Schlumberger
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PowerRating) reports earnings Friday morning before the bell. Analysts are expecting EPS of $1.12.
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