Sidelined money poured into the stock market today triggering a rise at the pre open. Earnings optimism and better than expected employment numbers supercharged the early morning bulls. However, profit takers took control during the session, knocking shares well off their highs by the closing bell. Despite the selling, stocks remained positive after the trading session with the DJIA surging 61.29, the tech heavy Nasdaq adding 13.60, and the broad based S&P 500 climbing 7.90.
Here are 7 stocks you need to know for Friday
Cantel Medical ( CMN | Quote | Chart | News | PowerRating) is expecting fiscal fourth quarter 2009 earnings of 22 cents/share prior to the open.
Infosys Technology ( INFY | Quote | Chart | News | PowerRating) may be reporting before the open with an expected EPS of 50 cents for their fiscal second quarter 2010.
The real turtles, Tortoise Capital Resources ( TTO | Quote | Chart | News | PowerRating), is expecting a loss of 1 cent for their fiscal third quarter 2009 during the trading day.
Bank of America ( BAC | Quote | Chart | News | PowerRating) is in lockstep with Morgan Stanley ( MS | Quote | Chart | News | PowerRating) by flipping its $800 million claim against Lehman Brothers to risk taking hedge funds for a fraction of face value.
Research In Motion's ( RIMM | Quote | Chart | News | PowerRating) BlackBerry sponsored U2 tour plays Tampa Florida Friday and following the corporate rock sponsorship trend, grunge rockers Pearl Jam recently signed a deal with Target Corp ( TGT | Quote | Chart | News | PowerRating) for distribution.
