TradingMarkets 7 Stocks You Need to Know for Thursday
Word from the Fed that the Recession is slowing in many regions was not enough impetus to push stocks higher on the close. Disappointment in the widely anticipated Microsoft/Yahoo search deal weighed heavily on sentiment leading to a choppy, lack luster overall trading session. The DJIA slipped 26.00, the Nasdaq gave back 7.75 and the broad based S&P 500 dropped 4.47.
Thursday is an extremely active day for earnings; here are 7 of the expected highlights.
Long time cosmetic maker Revlon
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PowerRating) is expected to see a second quarter loss of 8 cents/share Thursday before the open.
Consumer credit kingpin, Mastercard
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PowerRating), has analysts awaiting a second quarter EPS of $2.41 prior to the start of trading on Thursday.
Wall Street has forecast an EPS of 82 cents for consumer food maker Kellogg
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PowerRating) Thursday morning before the bell.
Oil giant, Exxon Mobil
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PowerRating), reports Thursday before the open with an expected EPS of $1.02 for the second quarter.
My kid’s favorite stock, Build-A-Bear Workshops
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PowerRating), is forecast to take a loss of 25 cents/share for the second quarter prior to trading.
Computer software firm, McAfee
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PowerRating), announces its second quarter earnings during the trading session with an expected EPS of 45 cents.
50 cents/EPS is what Walt Disney Company
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PowerRating) is forecast to announce after the trading session closes on Thursday.
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