7 Stocks you need to know for Friday
The Dow pulled back by 226.44. The Nasdaq 
Here are 7 Stocks You Need to Know for Friday.
Amazon.com (AMZN | Quote | Chart | News | PowerRating) reported quarterly earnings of 52 cents per share Thursday after the market closed, blowing away estimates by 14 cents. Sales and guidance were also better than expected.
Allstate (ALL | Quote | Chart | News | PowerRating) reported its first annual loss ever, announcing also plans to eliminate 1,000 jobs and to reconsider raising its dividend.
Exxon Mobil (XOM | Quote | Chart | News | PowerRating) reports quarterly earnings Friday morning before the market opens. Analysts are expecting earnings per
Earnings per share of 1.59 is what analysts are expecting from Procter and Gamble (PG | Quote | Chart | News | PowerRating), which also reports quarterly earnings Friday morning before the bell.
Among the hardest hit stocks on Thursday were Wells Fargo (WFC | Quote | Chart | News | PowerRating) and General Electric (GE | Quote | Chart | News | PowerRating). Both stocks pulled back sharply from overbought extremes reached in a single day during the previous session.
One bright spot in the Nasdaq on Thursday was Vertex Pharmaceuticals (VRTX | Quote | Chart | News | PowerRating) which was up as much as 4% late in trading. The stock is increasingly overbought above the 200-day moving average.
posted by Gordengekko at 11:19 PM
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