Thursday, May 15, 2008

7 Stocks you need to know for Friday

Abercrombie and Fitch (ANF | news | PowerRating | PR Charts ) reports earning tomorrow before the bell, with analysts expecting EPS of $0.66.

Shares of EMC Corporation (EMC | news | PowerRating | PR Charts ) gained more than 6% on speculation that it will sell its stake in VMware (VMW | news | PowerRating | PR Charts ).

Citigroup raised shares of the Chinese web portal Sina Corporation (SINA | news | PowerRating | PR Charts ) from "hold" to "buy." Sina reported an 87% gain in profits for the quarter..

Kohl's (KSS | news | PowerRating | PR Charts ) beat analyst estimates today, even though the company reported softer profits and declining same store sales.

Nvidia (NVDA | news | PowerRating | PR Charts ) gained nearly 8% on continued optimism on a strong second half of 2008 for chipmakers based on increased worldwide demand.

CBS Corporation (CBS | news | PowerRating | PR Charts ) had agreed to buy Cnet Networks for $1.8 billion in a deal finalized today.

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