Thursday, July 16, 2009

7 Stocks you need to know for Thursday

Positive words on the economy from the FOMC minutes combined with killer earnings from Intel sent stocks spiraling higher today. The DJIA surged 256.72, the tech heavy Nasdaq jumped higher by 63.17 and the broad based S&P 500 marched forward 26.84.

Iconic American motorcycle maker, Harley-Davidson (HOG | Quote | Chart | News | PowerRating), reports 2nd quarter earnings before the bell Thursday morning, with an expected EPS of 26 cents.

JP Morgan (JPM | Quote | Chart | News | PowerRating) announces 2nd quarter earnings pre-open Thursday. Analysts are projecting an EPS of 6 cents.

The consensus 2nd quarter estimate for cell phone giant, Nokia (NOK | Quote | Chart | News | PowerRating), is 17 cents; expect the release before the market opens on Thursday morning.

Eighty-six cents/EPS is analysts expectations for drug maker Novartis (NVS | Quote | Chart | News | PowerRating) with the release occurring prior to the 9:30 AM EST stock opening.

Trading was halted in CIT Group (CIT | Quote | Chart | News | PowerRating) as rumors swirled about possible government aid to the stricken lender.

Time Warner (TWX | Quote | Chart | News | PowerRating) is being aggressively pursued for $220 million dollars in alleged unpaid royalty payments by the creators of "The Hobbit".

Hotel king pin, Marriott International (MAR | Quote | Chart | News | PowerRating), announces 2nd quarter earnings before the bell with an expected EPS of 21 cents.

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