TradingMarkets 7 Stocks You Need to Know for Friday
Stocks finished the day broadly higher. The Nasdaq Composite was the biggest percentage gainer, ending the session up 37.03. The S&P 500 was ahead by 14.91. The Dow industrials closed the day with a 94.28 gain.
Here are 7 Stocks You Need to Know for Friday:
Abercrombie and Fitch
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PowerRating) reports earning tomorrow before the bell, with analysts expecting EPS of $0.66.
Shares of EMC Corporation
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PowerRating) gained more than 6% on speculation that it will sell off its stake in VMware
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PowerRating).
Citigroup raised shares of the Chinese web portal Sina Corporation
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PowerRating) from “hold” to “buy.” Sina reported an 87% gain in profits for the quarter..
Kohl’s
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PowerRating) beat analyst estimates today, even though the company reported softer profits and declining same store sales.
Nvidia
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PowerRating) gained nearly 8% on continued optimism on a strong second half of 2008 for chipmakers based on increased worldwide demand.
CBS Corporation
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PowerRating) had agreed to buy Cnet Networks for $1.8 billion in a deal finalized today.
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