Thursday, January 28, 2010

7 Stocks you need to know for Thursday

Another huge earnings day awaits with multiple big names reporting Thursday. The FOMC statement sent waves of relief over the stock market as their optimistic tone lifted shares across the board. Even a 7.6% drop in the New Homes Sales figure didn't squelch the session's positive yet erratic nature. Oil hit a 5-week low while the U.S. dollar climbed despite the Feds vow not to raise rates. The DJIA added 41.87, the Nasdaq climbed 17.68, and the S&P 500 moved higher by 5.33.

Here are 7 stocks you need to know for Thursday.

$1.21/share is the projected figure for 3M Company ( MMM | Quote | Chart | News | PowerRating) before the trading day begins.

Telephone leader, AT&T Inc ( T | Quote | Chart | News | PowerRating), reports before the bell with an expected EPS of 51 cents.

Colgate-Palmolive Co ( CL | Quote | Chart | News | PowerRating) has analysts awaiting an EPS of $1.17 prior to the open.

Surviving US automaker Ford Motor Co ( F | Quote | Chart | News | PowerRating), has an EPS consensus of 23 cents before trading starts.

Before the opening bell, Procter & Gamble Co ( PG | Quote | Chart | News | PowerRating), reports with a forecast EPS of $1.37.

Amazon.Com Inc ( AMZN | Quote | Chart | News | PowerRating) announces after the close on Thursday evening with a projected EPS of 71 cents.

Prior to the first trade on Thursday, Motorola Inc ( MOT | Quote | Chart | News | PowerRating), reports with a forecast number of 8 cents/share.

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