Jobless Claims and Factory Orders will liven things up on Thursday for investors. Several major names reporting earnings will add to the volatile nature of the session. Stocks got off to a strong start this morning. The Fed's Beige Book cast a quick pale on the day indicating less growth than expected in most Federal regions. Speculation ran rampant of the Fed being forced to keep interest rates low due to the muted growth picture. Shares closed mixed on the session with the DJIA falling 9.22, the Nasdaq easing lower by 0.11 and the S&P 500 gaining just 0.48.
Here are 7 stocks you need to know for Thursday.
Teekay Tankers Ltd (TNK) floats their EPS before the open with an expected figure of 17 cents.
Edgy retailer, Urban Outfitters Inc (URBN), has analysts expecting an EPS of 40 cents prior to the trading day.
Hot and juicy burger chain, Wendy's/Arby's Group Inc. (WEN), reports before the bell with a forecast EPS of 3 cents.
21 cents is the expected EPS for Del Monte Foods Co (DLM) prior to trading.
Muffler kings, Midas Inc (MDS), reports before the opening bell with a forecast EPS of 8 cents.
Joy Global Inc (JOYG) reported earnings beating most estimates today.
Orders are up big for furniture retailer, Ethan Allen Interiors (ETH), who reported a 25% increase.
