TradingMarkets 7 Stocks You Need to Know for Thursday
Stocks declined on Wednesday after Fed Chairman Ben Bernanke testified that the U.S. economy may fall into a recession.
The Dow lost -45.44, the Nasdaq Composite -1.35, and the S&P 500 -2.65.
Here are 7 Stocks You Need to Know for Thursday:
Monsanto
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PowerRating) reported second quarter earnings surged by 83% on 45% higher revenue than a year ago.
Profit fell much less than expected at Best Buy
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PowerRating), with earnings beating estimates by $0.06.
CarMax
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PowerRating) reported a 48% decline in profit, missing estimates by $0.07.
The Wall Street Journal reported that National City
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PowerRating) is in talks to sell itself to rival KeyCorp
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KEY |
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PowerRating).
After the close, Research In Motion
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PowerRating) reported earnings of $0.72 per share, versus estimates of $0.70.
And Micron Technology
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MU |
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PowerRating) missed estimates by $0.05.
Before the market open on Thursday, Constellation Brands
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PowerRating) is scheduled to report, with analysts looking for $0.25.
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