Wednesday, May 13, 2009

7 Stocks you need to know for Thursday

The Dow lost 184.22. The Nasdaq Composite fell 51.73. And the S&P 500 ended the day down 24.43.

Here are 7 Stocks You Need to Know for Thursday.

Scheduled to report quarterly earnings before the market opens on Thursday, Sony (SNE | Quote | Chart | News | PowerRating) is expected to announce an EPS loss of 2.08. Trading above its 200-day moving average, shares of SNE plunged more than 3% on Wednesday.

Two retailers are also reporting earnings before the bell Thursday morning. Wal-Mart (WMT | Quote | Chart | News | PowerRating) is expected to report per share earnings of 77 cents. 17 cents is per share is what analysts expect to hear from Urban Outfitters (URBN | Quote | Chart | News | PowerRating). Both stocks are increasingly oversold below their respective 200-day moving averages.

Pharmaceutical stocks were among the few to move higher on Wednesday. Closing up for the the fifth consecutive trading day in a row below the 200-day moving average were shares of Pfizer (PFE | Quote | Chart | News | PowerRating).

Among the companies reporting earnings after the close on Thursday, Blockbuster (BBI | Quote | Chart | News | PowerRating) is expected to announce per share earnings of 0.14, while Kohls (KSS | Quote | Chart | News | PowerRating) is expected to report EPS of 0.44. 0.25 is what analysts are expecting to hear from retailer Nordstrom (JWN | Quote | Chart | News | PowerRating). While Kohls was off by more than 4% on the day, both Blockbuster and Nordstrom lost more than 7%.

0 Comments:

Post a Comment

<< Home

Search Engine Submission and Search Engine Optimization

Disclaimer: This website may include stock market analysis. Any ideas or opinions expressed by us is for informational purposes. Trade at your own financial risk as we assume no responsibility for your investing decisions in the markets. Blogarama - The Blogs Directory BlogRankers.com Business Blog Top Sites TopBlog.ws - Top 
Blog, Directory and Search Engine <