TradingMarkets 7 Stocks You Need to Know for Friday
Traders continued to take profits in the wake of the market’s run-up over the past several days, sending the S&P 500 lower by more than 5% late in the day.
The Dow closed lower by 443.48. The Nasdaq Composite ended the day down 72.94. And the S&P 500 lost 47.89.
Here are 7 Stocks You Need to Know for Friday.
Walt Disney
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PowerRating) missed analyst earnings estimates by 6 cents in its earnings report Thursday after the close. Revenues were higher than expected.
Shares of Las Vegas Sands
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PowerRating) plummeted by more than 30% after the casino resort company warned that it might default on some of its loans if it is unable to raise capital.
Loan repayment troubles also helped steer investors and traders away from DryShips Inc.
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PowerRating), which lost more than 20% on Thursday.
Reporting quarterly earnings before the market opens on Friday, Sprint Nextel
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S |
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PowerRating) is expected to announce EPS of 0.03.
Fears of a consumer slowdown led Citigroup to downgrade Amazon.com
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AMZN |
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PowerRating) from “buy” to “hold” on Thursday.
Analysts are expecting Ford Motors
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F |
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PowerRating) to report an EPS loss of 93 cents when it reports quarterly earnings Friday morning before the bell.
General Motors
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GM |
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PowerRating) reports quarterly earnings Friday during market hours. Analysts are expecting an earnings per share loss of 3.51.
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