Thursday Morning Coffee with TradingMarkets

Good Morning!

Central Banks in U.S., Europe and U.K. Cut Cash Rates ... Stocks Fall, Rally, Fall Again on Wednesday ... Report: Almost 1 in 6 Homeowners "Under Water" ... Feds Lend AIG More than $37 Billion ... September Same Stores Sales Weak for Retailers

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TradingMarkets 7 Stocks You Need to Know for Thursday

Here are 7 stocks for traders for Thursday from TradingMarkets.com:

• Disappointing same store sales for September will likely mean lower third quarter profits for retailers J.C. Penny (JCP | Quote | Chart | News | PowerRating) and Kohl's (KSS | Quote | Chart | News | PowerRating).
  
  
• Continued weakness in the aluminum market led to another day of declines for Alcoa (AA | Quote | Chart | News | PowerRating), which was down more than 10% on Wednesday, though significantly off its intraday lows.
  
  
• Citigroup (C | Quote | Chart | News | PowerRating) downgraded both Ford Motor Company (F | Quote | Chart | News | PowerRating) and General Motors (GM | Quote | Chart | News | PowerRating) from "hold" to "sell", citing the global credit crunch.
  
  
• A fourth day of rising gold prices helped send shares of Barrick Gold Corporation (ABX | Quote | Chart | News | PowerRating) higher by more than 15% on Wednesday.
  

For a list of today's highest PowerRatings stocks, click here.

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