7 Stocks you need to know for Friday

The Dow closed lower by 219.35. The Nasdaq Composite slid down 26.94. And the S&P 500 ended the day off 19.14.

Here are 7 Stocks You Need to Know for Friday.

Research in Motion (RIMM | Quote | Chart | News | PowerRating) reported EPS of 83 cents Thursday after the market closed, beating analyst estimates by a penny. The stock was up by more than 10% immediately after the announcement in after hours trading.

General Motors (GM | Quote | Chart | News | PowerRating) denied rumors that it was investigating a possible merger with Chrysler LLC.

Reporting earnings after the bell on Thursday, Oracle Corporation (ORCL | Quote | Chart | News | PowerRating) announced profits that were in-line with analyst expectations. Revenues, however, were lighter than expected.

Discover Financial Services (DFS | Quote | Chart | News | PowerRating) smashed through analysts earnings expectations Thursday morning. The company's results included a more than $500 million antitrust settlement from a case against Visa and Mastercard.

Wal-Mart (WMT | Quote | Chart | News | PowerRating) will begin selling the Apple (AAPL | Quote | Chart | News | PowerRating) iPhone in its stores on December 28th.

Standard and Poor's lowered its credit outlook for General Electric (GE | Quote | Chart | News | PowerRating) to negative, citing lower expected earnings from the company.