TradingMarkets 7 Stocks You Need to Know for Thursday
Stocks rallied into the close on a day when the Federal Reserve announced its decision to keep the Fed funds rate at 2%.
The Dow ended up 4.40. The Nasdaq Composite finished higher by 32.98. And the S&P 500 closed ahead by 7.68.
Here are 7 Stocks You Need to Know for Thursday
Boeing
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BA |
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PowerRating) lost more than 6% on Wednesday as traders absorbed news that the stock had been downgraded by Goldman Sachs from neutral to sell.
Peabody Energy Company
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PowerRating), the country’s largest coal producer, was the percentage leader to the downside among its peers on a day when traders took profits in a number of coal stocks.
Operator of Red Lobster and The Olive Garden, Darden Restaurants
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PowerRating) topped analyst estimates for quarterly earnings and upped its dividend.
Shares of Jabil Circuits
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JBL |
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PowerRating) closed up more than 16% on Wednesday on news that the mobile phone maker would beat analyst estimates for earnings. The company also raised its forecast for the fourth quarter.
Importer Pier One
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PowerRating) closed off its intraday highs on a day when the company announced its decision to withdraw its $88 million offer to acquire Cost Plus
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CPWM |
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PowerRating).
Baidu.com
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PowerRating), the most popular search engine in China, ended Wednesday up more than 7% as analysts suggested that second quarter sales were likely to top current estimates.
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