7 Stocks you need to know for Thursday

The Consumer Price Index, Jobless Claims, and Philly Fed Report round out the major economic events Thursday. The Dow Jones Industrials hit 17-month highs today with Exxon Mobile and Caterpillar leading the way. The Fed vowing to keep interest rates low combined with inflation negating Producer Price Index figures powered stocks higher for another day in a row. Even sketchy news of Wells Fargo's banking unit Wachovia paying $160 million to settle a Mexican drug money laundering inquiry failed to generate bearish sentiment. The DJIA advanced 47.69, the tech heavy Nasdaq climbed 11.08, and the S&P 500 marched higher by 6.75.

Here are 7 stocks you need to know for Thursday.

Fedex Corp ( FDX | Quote | Chart | News | PowerRating) is expecting to see 72 cents/share before the open.

$1.28/share is the forecast figure for Gamestop Corp ( GME | Quote | Chart | News | PowerRating) prior to the opening bell.

Ross Stores Inc ( ROST | Quote | Chart | News | PowerRating) has analysts awaiting $1.16/share before the 9:30 AM EST trading day start.

After the close, Palm Inc ( PALM | Quote | Chart | News | PowerRating) reports with a forecast loss of 41 cents

Blockbuster Inc ( BBI | Quote | Chart | News | PowerRating) is threatening a bankruptcy filing

JPMorgan Chase and Co. ( JPM | Quote | Chart | News | PowerRating), Ubs Ag Ord. Shares ( UBS | Quote | Chart | News | PowerRating) and Deutsche Bank have been charged with fraud in a Milan derivatives case.