Friday, February 26, 2010

7 Stocks you need to know for Friday

A Moody's downgrade of Greece's debt sent a bearish shiver into the markets spine today. Fear of the international downgrade spreading combined with worse then expected job figures pressured stocks lower on the session. Word that Apple may conduct a 4 to 1 stock split added some bullish sentiment lifting the closing numbers well off the lows. The final trading day of the week brings traders the GDP figures as well as earnings from several key names. The DJIA ended the session down 53.13, the tech heavy Nasdaq gave back 1.68 and the broad based S&P 500 fell 2.31

Here are 7 stocks you need to know for Friday.

Warren Buffet's baby, Berkshire Hathaway Cl A ( BRKA | Quote | Chart | News | PowerRating), reports after the close with an unknown forecast at this time.

Rumors of Apple Inc ( AAPL | Quote | Chart | News | PowerRating) splitting its stock 4 to 1 persist on the Street.

Coca-Cola Co ( KO | Quote | Chart | News | PowerRating) agreed to buy Coca-Cola Enterprises ( CCE | Quote | Chart | News | PowerRating), North American's bottling division.

Catherine Smith, the CEO of Gamestop Corp ( GME | Quote | Chart | News | PowerRating), resigned to take up a position with Wal-Mart Stores Inc ( WMT | Quote | Chart | News | PowerRating).

Magellan Health Services Inc ( MGLN | Quote | Chart | News | PowerRating) reports before the open with a forecast EPS of $1.04.

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