7 Stocks you need to know for Thursday

The Dow slid lower by 99.80. The Nasdaq Composite closed down 10.58. And the S&P 500 ended the day off 8.76.

Here are 7 Stocks You Need to Know for Thursday.

Reporting earnings Thursday after the market closes are both Oracle Corporation (ORCL | Quote | Chart | News | PowerRating) and Research in Motion (RIMM | Quote | Chart | News | PowerRating). Oracle is expected to announce earnings per share of 34 cents. EPS of 83 cents are what analysts are expecting from Research in Motion.

Apple (AAPL | Quote | Chart | News | PowerRating) shares were lower on both an Oppenheimer analyst downgrade to "perform" from "outperform" as well as news that Steve Jobs would not be delivering the company's keynote address at MacWorld in January. Jobs had been the keynote speaker for the event for 11 years.

Improved terms for its $2 billion credit facility encouraged traders to bid shares of Macy's (M | Quote | Chart | News | PowerRating) dramatically higher on Wednesday.

Featured in TradingMarkets 7 Stocks You Need to Know for Wednesday yesterday, General Mills (GIS | Quote | Chart | News | PowerRating) beat analyst earnings estimates by significant margins Wednesday morning.

Nike (NKE | Quote | Chart | News | PowerRating) beat analyst earnings estimates by three cents in its quarterly announcement after the bell on Wednesday.

FedEx Corporation (FDX | Quote | Chart | News | PowerRating) reports quarterly earnings Thursday morning before the market opens. Analysts are expecting EPS of 1.57.