Thursday, April 08, 2010

7 Stocks you need to know for Thursday

Earnings releases are heating up on the second to final trading day of the week. Jobless claims, chain store sales and money supply figures will round out the trading session. Stocks were slammed lower on Wednesday triggered by a sharply worse than expected consumer credit reading. Additional debt worries from Greece counteracted a solid 10-year Treasury auction resulting in across the board selling. Led lower by Caterpillar and American Express, the DJIA gave back 72.47, the Nasdaq fell 5.65 and the broad based S&P 500 dipped 6.99.

Here are 7 stocks you need to know for Thursday.

Pier 1 Imports Inc ( PIR | Quote | Chart | News | PowerRating) announces pre open with a forecast EPS of 31 cents.

13 cents/share is projected for cleaning product maker, Zep Inc ( ZEP | Quote | Chart | News | PowerRating), before the bell.

Rpm International ( RPM | Quote | Chart | News | PowerRating) is looking at a 7 cent loss prior to trading.

Jean maker, Innovo Group Inc ( JOEZ | Quote | Chart | News | PowerRating), report after the close with a forecast number of 1 cent.

Racing fan's favorite, Internat Speedway Corp A ( ISCA | Quote | Chart | News | PowerRating), expects to see 53 cents/share before the open.

Carl's Jr and Hardee's chain owner, Cke Restaurants Inc ( CKR | Quote | Chart | News | PowerRating), obtained another takeover bid surpassing the original.

Goldman Sachs upgraded lender Keycorp ( KEY | Quote | Chart | News | PowerRating) to "buy".


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