TradingMarkets 7 Stocks You Need to Know for Thursday
Stocks ended the day little changed as traders awaited a Congressional verdict on the administration’s $700 billion asset buyout proposal.
The Dow lost 29 points. The Nasdaq Composite ended the day higher by 2.35. And the S&P 500 closed lower 2.35.
Research in Motion
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PowerRating) reports quarterly earnings Thursday after the market closes. Analysts are expecting EPS of 0.87.
Standard and Poor’s downgraded the credit rating of Washington Mutual
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PowerRating) again on Wednesday. The stock was down more than 20% on the day.
The biggest loser in the Dow industrials on Wednesday was American International Group
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PowerRating), which lost more than 29%.
Goldman Sachs
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PowerRating) is getting a $5 billion investment from Warren Buffett’s Berkshire Hathaway.
Reporting earnings Thursday morning after the bell, Accenture
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PowerRating) is expected to announce earnings per share of 0.66.
Broadcom
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PowerRating) rallied by more than 4% after a judge’s ruling that Qualcomm
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PowerRating) had infringed on patents owned by Broadcom.
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