Thursday, May 22, 2008

7 Stocks you need to know for Friday

Dick's Sporting Goods (DKS | Quote | Chart | News | PowerRating) experienced its biggest drop since the bear market bottom in October 2002 after its annual profit forecast was less than analysts expected.

Evergreen Solar (ESLR | Quote | Chart | News | PowerRating), the solar power panel parts maker, ended the day up by more than 10% on news of a new $750 million contract.

The biggest producer of electricity from natural gas, Calpine (CPN | Quote | Chart | News | PowerRating) was up by more than 8% on the day on news that NRG Energy (NRG | Quote | Chart | News | PowerRating) was making an unsolicited bid for the company.

BCE, Inc. (BCE | Quote | Chart | News | PowerRating) was down by 12% as bondholders won the right to challenge a planned leveraged buyout of the company.

Gap Inc. (GPS | Quote | Chart | News | PowerRating) announced earnings on Thursday that beat analyst estimates by three cents.

Ford Motor Company (F | Quote | Chart | News | PowerRating) admitted that it would likely break even in 2009, later than analysts had expected. The stock was down more than 8% on the news.

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