7 Stocks you need to know for Friday

The week will wrap up with just several critical earnings announcements. Retail sales, consumer sentiment and business inventories will fill the morning hours on with potential market moving data on Friday. A late day rally lifted shared into positive territory on Thursday. Citibank boasting of strong profits coming soon and a stymied health care bill sparked the bulls into action. The DJIA climbed 44.51, the tech heavy Nasdaq advanced 9.51 and the broad based S&P 500 eased higher by 4.63.

Here are 7 stocks you need to know about for Friday.

A 2 cent loss is slated for business woman's favorite clothier, Ann Taylor Stores Corp ( ANN | Quote | Chart | News | PowerRating) before the open.

Kirkland's Inc ( KIRK | Quote | Chart | News | PowerRating) expects to see an EPS of 81 cents prior to trading.

Arts and crafts retailer, A.C. Moore Arts & Crafts ( ACMR | Quote | Chart | News | PowerRating) is betting its loss does not exceed 21 cents before the bell.

Mortgage kingpin, Fannie Mae ( FNM | Quote | Chart | News | PowerRating), sold off $6 billion in debt making it the biggest offering in over a year.

Struggling banking behemoth, Citigroup ( C | Quote | Chart | News | PowerRating) is spreading a rumor that there is as much as $20 billion dollars of profits coming down the pike.

Powerhouse fund, Cerebus Capital has signed on to buy as many as 115 thousand convertible shares of Geoeye Inc ( GEOY | Quote | Chart | News | PowerRating).

Benchmark cut Yahoo! Inc ( YHOO | Quote | Chart | News | PowerRating) to "hold" from "buy".