TradingMarkets 7 Stocks You Need to Know for Friday
Stocks moved back and forth for most of the day, but shortly after news broke that Congress was unable to come up with an agreement on a bailout package for U.S. automakers, sellers emerged to drive the markets down deeper into bear market territory.
The Dow closed lower by 444.99. The Nasdaq Composite lost 70.30. And the S&P 500 fell by 54.14.
Here are 7 Stocks You Need to Know for Friday.
Reporting earnings Thursday after the market closed, Dell
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PowerRating) beat analyst estimates by six cents.
Yahoo!
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PowerRating) is stepping up its efforts to forge a deal with Time Warner
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PowerRating) whereby in exchange for a stake in Yahoo!, Time Warner would hand over its AOL advertising business to the Internet search company.
Automakers failed to win support for a much-sought after bridge loan from Congress on Thursday. Shares of both General Motors
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PowerRating) and Ford Motor Company
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PowerRating), which were up early in the day, finished well-off their highs.
Despite news that Saudi Prince Alwaleed bin Talal was increasing his investment stake in Citigroup
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C |
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PowerRating), shares of the stock moved dramatically lower for a fourth trading day in a row.
HJ Heinz
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PowerRating) reports quarterly earnings Friday morning before the market opens. Analysts are expecting EPS of 76 cents.
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