7 Stocks you need to know for Friday

Jabil Circuit (JBL | charts | news | PowerRating) beat earnings expectations on Thursday afternoon, announcing $0.23 EPS over an expected $0.20 EPS.

Cognos (COGN | charts | news | PowerRating) matched earnings expectations on Thursday with $0.32 EPS.

General Electric (GE | charts | news | PowerRating) and Pearson (PSO | charts | news | PowerRating) each issued a separate statement, announcing intentions to drop their respective bids for Dow Jones (DJ | charts | news | PowerRating).

Nvidia (NVDA | charts | news | PowerRating) announced on Wednesday a new type of chip named "Tesla," designed for computation-intensive fields such as engineering and medicine.

H&R Block (HRB | charts | news | PowerRating) announced on Thursday that the company recorded a net loss of $85.6 billion last quarter, or 26 cents a share. Subprime mortgage worries continue to affect all areas of the financial services market.