Shares staged a solid but mixed session despite interest rate and employment concerns. Fed bank head, Thomas Hoenig, suggested that interest rates need to be increased to stem inflation concerns. However, stocks battled back after the initial selling impact. Anticipation is high for tomorrow’s Non Farm Payroll report. The DJIA closed higher by 33.18, the Nasdaq eased back by 1.04, and the S&P 500 advanced 4.54.
Here are 7 stocks you need to know for Friday.
^PSMT^ announces their results before the bell with an expected EPS of 35 cents.
76 cents/share is the forecast number for ^AZZ^ prior to the open.
^AMR^ and ^DAL^ are in a heated battle to acquire Japan Airlines.
^YHOO^ was downgraded by Pacific Crest due to a larger than forecast market share loss.Stanley lifted the share price for ^GE^ to 22 cents.
^HUM^ received a Barclay’s upgrade to “equal weight”.