7 Stocks you need to know for Thursday

Gamestop (GME | Quote | Chart | News | PowerRating) reports earnings Thursday before the market opens, with analysts expecting earnings per share of $0.35.

Concern over whether or not computer errors at Moody's (MCO | Quote | Chart | News | PowerRating) allowed debt instruments to be mislabeled "AAA" led to a sharp sell-off in the stock on Thursday.

Airlines stocks were particularly hard hit on Thursday with AMR Corp. (AMR | Quote | Chart | News | PowerRating) and UAL Corp. (UAUA | Quote | Chart | News | PowerRating) both down more than 20%.

Hormel Foods (HRL | Quote | Chart | News | PowerRating) is scheduled to announce earnings Thursday morning before the bell. Analysts are expecting $0.55 EPS.

Reporting earnings before the open on Thursday, Ann Taylor (ANN | Quote | Chart | News | PowerRating) is expected to announce earnings per share of $0.46 for the quarter.

Lehman Brothers (LEH | Quote | Chart | News | PowerRating) finished lower by more than 5% on criticism of its hedging practices and a lower Q2 EPS estimate by Merrill Lynch.