Thursday, December 17, 2009

7 Stocks you need to know for Thursday

Here Are 7 Stocks You Need To Know For Thursday

In a classic "buy the rumor, sell the fact" scenario stocks gave back much of their early gains after the Fed announced a rate steady decision. Inflation and price rise fears counteracted any bullish sentiment from the FOMC meeting. In addition, the Fed's nervous posture regarding employment further squelched the solid morning rally. Stocks ended the session mixed on the day with the DJIA falling 10.88, the Nasdaq hung onto 5.86 and the S&P 500 eased higher by 1.25 to 1109.18.

Here are 7 stocks you need to know for Thursday

Federal Express (FDX | Quote | Chart | News | PowerRating) is expecting to see an EPS of $1.07 before the open.

Drug store owner, Rite Aid (RAD | Quote | Chart | News | PowerRating), has its eyes set on an earnings loss of 18 cents/share prior to trading.

General Mills (GIS | Quote | Chart | News | PowerRating) reports before the bell with a forecast EPS of $1.45.

Prior to the open, Scholastic Corp (SCHL | Quote | Chart | News | PowerRating), will reveal their earnings with a consensus estimate of $1.88/share.

Blackberry maker, Research In Motion (RIMM | Quote | Chart | News | PowerRating), has to wait until after the close with a forecast EPS of $1.04.

Palm (PALM | Quote | Chart | News | PowerRating) also has to wait until the close to reveal their results with an expected loss of 41 cents/share.

Accenture Ltd (ACN | Quote | Chart | News | PowerRating) has its focus on an EPS of 65 cents after the closing bell.

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