TradingMarkets 7 Stocks You Need to Know for Thursday
The Fed’s Beige Book gave a clear signal that the recession has finally turned the corner. Bulls were spurred into action by the good news, lifting the indexes closer to solid technical resistance levels. Positive word from the high tech front with Apple’s CEO Steve Job’s returning to promoting his company further added to the optimistic spirit. The DJIA advanced 49.88, the tech heavy Nasdaq soared higher 22.62, and the broad based S&P 500 marched ahead by 7.98.
Here are 7 stocks you need to know for Thursday.
National Beverage Corp
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PowerRating) has its sights set on fiscal first quarter earning 2010 of 19 cents/share on Thursday after the close.
National Semiconductor
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PowerRating) is also announcing results after the bell on Thursday with an expected fiscal first quarter earnings of 7 cents/share.
7 cents/share is the forecast number for Hooker Furniture‘s
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PowerRating) fiscal second quarter 2010 revealed before the trading day on Thursday morning.
Athletic clothes maker, Lululemon Athletica
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PowerRating) is racing for a fiscal second quarter 2010 EPS of 10 cents before the bell.
The gold spike resulted in Barrick Gold
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PowerRating) stating it would significantly reduce its gold hedges triggering a 4% drop in the stock price immediately after the announcement.
Wells Fargo
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PowerRating) has increased its mortgage modification program by 64% in the last 30 days to assist home owners not able to maintain payments.
Europe’s third biggest oil producer, Total
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PowerRating), cut its full year production forecast on weakening demand.
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