7 Stocks you need to know for Friday
Upscale women's clothing retailer Ann Taylor (ANN | Quote | Chart | News | PowerRating) reports earnings Friday morning before the market opens. Analysts are expecting EPS of $0.48.
Massey Energy (MEE | Quote | Chart | News | PowerRating) was among the energy stocks continuing to move higher on Thursday. MEE was up more than 6% on the day.
An analyst with Ladenburg Thalmann upgraded shares of Lehman Brothers Holdings (LEH | Quote | Chart | News | PowerRating) to a "buy", saying that the investment bank was increasingly likely to be the target of a takeover.
Citigroup analysts lowered their third quarter earnings estimates for Goldman Sachs (GS | Quote | Chart | News | PowerRating) among other Wall Street investment banks.
Children's Place Retail Stores Inc. (PLCE | Quote | Chart | News | PowerRating) gained more than 11% on Thursday after reporting quarterly earnings losses that were not as bad as analysts had feared.
Slowing sales growth was blamed for the disappointing quarter reported by Salesforce.com (CRM | Quote | Chart | News | PowerRating), which ended the day down more than 18%.
Dick's Sporting Goods (DKS | Quote | Chart | News | PowerRating) rallied by more than 15% on Thursday on surprisingly optimistic full year earnings guidance. The retailer also announced quarterly earnings that were not as poor as expected.
posted by Gordengekko at 6:57 PM
2 Comments:
What do you think is going to happen to the share value of GS? Bullish or bearish?
Most of the major indexes have a rising bearish wedge pattern on them. This would indicate we are going lower for the final wave down in this bear market. GS will surely go lower if the 3rd wave down kicks in and we take out the 10,800 lows on the Dow.
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