The massive bull rally took a breather today with stocks sharply lower across the board. A report indicating that oil stockpiles are greater than expected cast doubt on the reality of the recovery. Energy shares led the declined and Hewlett-Packard's bid for 3Com did little to spur the bulls into action. The DJIA sunk 93.79, the tech heavy Nasdaq gave up 17.88 and the broad based S&P 500 slipped 11.27.
Here are 7 stocks you need to know for Friday.
Teen clothier, Abercrombie & Fitch ( ANF | Quote | Chart | News | PowerRating), is stitching for fiscal third quarter 2010 EPS of 20 cents prior to the open.
Discount shopping giant, JP Penney ( JCP | Quote | Chart | News | PowerRating), has analysts expecting fiscal third quarter 2010 earnings of 12 cents before the bell.
Companhia de Saneamento Basico ( SBS | Quote | Chart | News | PowerRating) has forecast an EPS of $1.73 prior to trading.
14 cents/share is the projected number for China Valves Technology ( CWZ | Quote | Chart | News | PowerRating) announced before the trading day.
Artio Global Investors ( ART | Quote | Chart | News | PowerRating) has its eyes set on an EPS of 41 cents revealed prior to the bell.
An EPS of 47 cents is the expected number for Blue Rino ( RINO | Quote | Chart | News | PowerRating) prior to the opening bell.
A loss of 75 cents/share is forecast for Teekay Corp ( TK | Quote | Chart | News | PowerRating) before trading starts.
