7 Stocks you need to know for Friday

The Dow closed up 12.35. The Nasdaq Composite gained 22.20. And the S&P 500 edged higher by 1.12.

Here are 7 Stocks You Need to Know for Friday.

JP Morgan (JPM | Quote | Chart | News | PowerRating) beat earnings estimates on Thursday by more than six cents on dramatically lower year-over-year profits.

Apple (AAPL | Quote | Chart | News | PowerRating) CEO Steve Jobs may be undergoing surgery while on medical leave. The surgery would involve removing his pancreas following side effects from cancer treatments five years ago.

Intel (INTC | Quote | Chart | News | PowerRating) reported quarterly earnings Thursday after the bell that were in line with analyst expectations.

Fears that the company will need additional public assistance in order to digest its acquisition of Merrill Lynch led traders and investors to sell shares of Bank of America (BAC | Quote | Chart | News | PowerRating) on Thursday. Similar concerns about Citigroup (C | Quote | Chart | News | PowerRating) and its need for taxpayer assistance kept buyers away from that stock, as well.

Pfizer (PFE | Quote | Chart | News | PowerRating) is considering a plan to approximately 30% of its sales force in the United States. The plan could involve up to 2,400 workers. Also in pharmaceutical industry news, Eli Lilly & Company (LLY | Quote | Chart | News | PowerRating) agreed to a $1.42 billion settlement in a federal case involving the marketing of its top-selling, anti-psychotic medication, Zyprexa.