7 Stocks you need to know for Friday

BCE Inc. (BCE | Quote | Chart | News | PowerRating) plunged by more than 34% on Wednesday after signaling that the economic crisis may prevent the Canadian telecommunications giant from going private in December as planned.

Automakers continued their surge higher on Wednesday as General Motors (GM | Quote | Chart | News | PowerRating) gained 35% and Ford Motor Company (F | Quote | Chart | News | PowerRating) was higher by 29%.

With Black Friday coming up and Cyber Monday around the corner as the holiday shopping season begins, many shoppers and investors will turn toward retailers such as Wal-Mart (WMT | Quote | Chart | News | PowerRating) and JC Penny (JCP | Quote | Chart | News | PowerRating), which is reportedly launching the largest Black Friday sale in company history.

And as for Cyber Monday, both eBay (EBAY | Quote | Chart | News | PowerRating) and Amazon.com (AMZN | Quote | Chart | News | PowerRating) will be among those online businesses hoping to be extra busy.

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