Friday, December 04, 2009

7 Stocks you need to know for Friday

Stocks snapped a 3 day winning streak by closing down across the board. Tension in the Senate regarding Ben Bernanke's second term combined with a weaker than expected November in retail cast a pessimistic shadow on stocks. The knock out punch was delivered by a service industry report indicating economic weakness. The DJIA fell 86.53, the Nasdaq dropped 11.89, and the broad based S&P 500 slipped 9.32.

Here are 7 stocks you need to know for Friday.

Royal Bank of Canada (RY | Quote | Chart | News | PowerRating) expects to see an EPS of 97 cents for their fiscal fourth quarter 2009 before the market opens.

18 cents/share is the estimated earnings for Big Lots' (BIG | Quote | Chart | News | PowerRating) fiscal third quarter 2010 prior to the bell.

Dental firm, Sirona Dental Systems (SIRO | Quote | Chart | News | PowerRating), has analysts awaiting fiscal fourth quarter 2009 results of 49 cents/share before the open.

Deutsche Bank (DBK | Quote | Chart | News | PowerRating) has suggested that PNC Financial (PNC | Quote | Chart | News | PowerRating) and Wells Fargo (WFC | Quote | Chart | News | PowerRating) may be following in Bank of America's (BAC | Quote | Chart | News | PowerRating) footsteps to repay TARP funds.

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