TradingMarkets 7 Stocks You Need to Know for Friday

Stocks ended the day lower for a second consecutive session following Tuesday’s strong move higher.

The Dow closed lower by 219.35. The Nasdaq Composite slid down 26.94. And the S&P 500 ended the day off 19.14.

Here are 7 Stocks You Need to Know for Friday.

Research in Motion
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reported EPS of 83 cents Thursday after the market closed, beating analyst estimates by a penny. The stock was up by more than 10% immediately after the announcement in after hours trading.

General Motors
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denied rumors that it was investigating a possible merger with Chrysler LLC.

Reporting earnings after the bell on Thursday, Oracle Corporation
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announced profits that were in-line with analyst expectations. Revenues, however, were lighter than expected.

Discover Financial Services
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smashed through analysts earnings expectations Thursday morning. The company’s results included a more than $500 million antitrust settlement from a case against Visa and Mastercard.

Wal-Mart
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will begin selling the Apple
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iPhone in its stores on December 28th.

Standard and Poor’s lowered its credit outlook for General Electric
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to negative, citing lower expected earnings from the company.

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