The markets have had a volatile final hour over the past week and today's
strong 200 point last hour rally was no exception. The Dow ended the day flat,
while the S&P 500 gained 0.4% and the Nasdaq lost 0.3%. Click
here to read the rest of today's
Stock Market Recap.
Here are 7 stocks for traders for Friday:
Hewlett-Packard
(
HPQ |
Quote |
Chart |
News |
PowerRating) beat earnings on Thursday afternoon,
announcing $0.71 EPS over an expected $0.66 EPS.
J.M. Smucker
(
SJM |
Quote |
Chart |
News |
PowerRating) reports quarterly earnings on Friday before the
bell; watch for $0.67 EPS.
Lancaster Colony
(
LANC |
Quote |
Chart |
News |
PowerRating) should announce $0.62 EPS on Friday
morning before the market opens.
Mortgage lender Countrywide Financial
(
CFC |
Quote |
Chart |
News |
PowerRating) drew on a $11.5
billion line of credit to cover massive losses; Moody's also downgraded CFC's
senior debt rating to the lowest investment-grade rating.
General Motors
(
GM |
Quote |
Chart |
News |
PowerRating) plummeted after a mortgage originator,
Residential Capital owned by the auto maker was cut to junk status by Moody's.
Oil sold off over 4% today, so watch for major oil companies to be affected,
like Exxon Mobil
(
XOM |
Quote |
Chart |
News |
PowerRating) and Chevron
(
CVX |
Quote |
Chart |
News |
PowerRating).
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