TradingMarkets 7 Stocks You Need to Know for Thursday
The Federal Reserve expressed confidence that the worse was behind us during the FOMC statement today at 2:15 PM EST. They backed their words up by starting to wind down the bond purchase program designed to support the economy being it is no longer needed. Not all economic news was positive with home prices dropping over 15% in the second quarter further weighing on American consumers. The DJIA roared higher by 120.16, the Nasdaq gained 28.99, and the broad based S&P 500 advanced 11.46.
Here are 7 stocks you need to know for Thursday.
Retail giant, Wal-Mart
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PowerRating) announces its fiscal second quarter 2010 results Thursday before trading with an expected EPS of 85 cents.
Hip clothing retailer, Urban Outfitters
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PowerRating) is forecast to see an EPS of 26 cents prior to the bell for its fiscal 2nd quarter of 2010.
A loss of 8 cents is the projected fiscal fourth quarter results for Elizabeth Arden
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PowerRating), which is expected Thursday morning before the trading day.
Dr. Pepper Snapple
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PowerRating) has traders anxiously awaiting an EPS of 50 cents for its fiscal second quarter 2009 before the bell on Thursday.
After the close on Thursday, traders can expect to hear from Kohl’s
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PowerRating). An EPS of 74 cents for their fiscal second quarter 2010 is expected.
Before the bell, Gildan Activewear
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PowerRating) reports with a forecast fiscal third quarter EPS of 29 cents.
A 4 cents/share loss is what investors expect for Briggs & Stratton
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PowerRating). BGG reports its fiscal fourth quarter of 2009 on Thursday before trading.
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