7 Stocks you need to know for Thursday

Boeing (BA | Quote | Chart | News | PowerRating) lost more than 6% on Wednesday as traders absorbed news that the stock had been downgraded by Goldman Sachs from neutral to sell.

Peabody Energy Company (BTU | Quote | Chart | News | PowerRating), the country's largest coal producer, was the percentage leader to the downside among its peers on a day when traders took profits in a number of coal stocks.

Operator of Red Lobster and The Olive Garden, Darden Restaurants (DRI | Quote | Chart | News | PowerRating) topped analyst estimates for quarterly earnings and upped its dividend.

Shares of Jabil Circuits (JBL | Quote | Chart | News | PowerRating) closed up more than 16% on Wednesday on news that the mobile phone maker would beat analyst estimates for earnings. The company also raised its forecast for the fourth quarter.

Importer Pier One (PIR | Quote | Chart | News | PowerRating) closed off its intraday highs on a day when the company announced its decision to withdraw its $88 million offer to acquire Cost Plus (CPWM | Quote | Chart | News | PowerRating).

Baidu.com (BIDU | Quote | Chart | News | PowerRating), the most popular search engine in China, ended Wednesday up more than 7% as analysts suggested that second quarter sales were likely to top current estimates.