TradingMarkets 7 Stocks You Need to Know for Thursday
Stocks closed lower on Wednesday, as disappointing data, credit worries and downbeat forecasts weighed on investors.
The Dow fell -109.74 , the Nasdaq Composite rose -16.69, and the S&P 500 -11.86.
Here are 7 stocks to watch…
Ford
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PowerRating) agreed to sell its Jaguar and Land Rover luxury brands to Tata Motors
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PowerRating) for $2.3 billion in cash.
Shares of Jabil Circuit
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PowerRating) fell sharply after the company lowered third quarter guidance.
Deutsche Bank
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PowerRating) also issued a gloomy outlook, saying full year 2008 profit may fall short of projections due to the credit crisis.
After the market close, Oracle
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PowerRating) reported earnings of $0.30, in-line with estimates. However, sales growth disappointed and ORCL shares moved lower in after market.
And, Paychex
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PowerRating) reported earnings that were in-line.
Before the market open on Thursday, ConAgra Foods
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PowerRating) is scheduled to report earnings, with analysts looking for $0.39 per share.
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