TradingMarkets 7 Stocks You Need to Know for Thursday
Stocks fell sharply late in trading on Wednesday, just as many markets had begun to move off their lows.
The Dow lost 449.36. The Nasdaq Composite ended the day lower by 109.05. And the S&P 500 fell by 57.20.
Here are 7 Stocks You Need to Know for Thursday.
Washington Mutual
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PowerRating) is now officially on sale, with potential acquirers including JP Morgan Chase
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PowerRating).
SanDisk
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PowerRating) is the target of an unsolicited takeover bid from Samsung Electronics. Samsung has offered $5.85 bn for the company.
Among the best performing stocks were those related to gold and mining. Barrick Gold Corporation
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PowerRating) was up nearly 13% on the day. Newmont Mining Corporation
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PowerRating) gained more than 9%
Reporting earnings Thursday morning before the market opens, FedEx
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PowerRating) is expected to announce earnings per share of $1.21.
Shares of Morgan Stanley
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PowerRating) fell more than 27% on Wednesday despite beating analyst estimates by more than 50 cents after the close on Tuesday.
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