7 Stocks you need to know for Thursday
Ford (F | news | PowerRating | PR Charts ) agreed to sell its Jaguar and Land Rover luxury brands to Tata Motors (TTM | news | PowerRating | PR Charts ) for $2.3 billion in cash.
Shares of Jabil Circuit (JBL | news | PowerRating | PR Charts ) fell sharply after the company lowered third quarter guidance.
Deutsche Bank (DB | news | PowerRating | PR Charts ) also issued a gloomy outlook, saying full year 2008 profit may fall short of projections due to the credit crisis.
After the market close, Oracle (ORCL | news | PowerRating | PR Charts ) reported earnings of $0.30, in-line with estimates. However, sales growth disappointed and ORCL shares moved lower in after market.
And, Paychex (PAYX | news | PowerRating | PR Charts ) reported earnings that were in-line.
Before the market open on Thursday, ConAgra Foods (CAG | news | PowerRating | PR Charts ) is scheduled to report earnings, with analysts looking for $0.39 per share.
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