TradingMarkets 7 Stocks You Need to Know for Thursday
Stocks finished a rollercoaster session in the green with the Nasdaq being the percentage leader on the day.
The Dow closed up 38.19. The Nasdaq Composite finished ahead by 18.89. And the S&P 500 added 7.53.
Here are 7 Stocks You Need to Know for Thursday.
The Pentagon has announced that it will be unable to award a $35 billion tanker contract before January. Both Boeing
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PowerRating) and Northrop Grumman
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PowerRating) are competing for the contract initially awarded to Northrop Grumman.
A narrowed range for revenues and earnings did not affect the in-line guidance provided by Texas Instruments
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PowerRating), which encouraged traders to bid shares of the stock higher at the open, though the stock closed lower on the day.
Shares of Lehman Brothers Holdings
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PowerRating) fell on Wednesday by another near 7%, making its year-to-date decline just shy of 90%.
Campbell Soup
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PowerRating) reports earnings Thursday morning before the market opens. Analysts are expecting EPS of $0.25.
ImClone
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PowerRating) rejected a bid from Bristol Meyers Squibb
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PowerRating), saying the company was worth more and that a potential bidder that remained unnamed was willing to pay $70 per share compared to Bristol Meyers $60 per share.
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