Thursday, November 22, 2007

7 Stocks You Need to Know for Friday


Wonder Auto Tech (WATG) to report $0.16 EPS on Friday morning before the open.

Deere (DE) beat earnings estimates, reporting that Q4 earnings gained by 52%. DE rallied over 5% on Wednesday despite broad weakness.

Circuit City (CC) fell over 5% on Wednesday after a downgrade from Neutral to Overweight at JP Morgan.

Ericsson AB (ERIC) fell for the second straight day, down 6%, after guiding earnings estimates lower for this quarter.

Freddie Mac (FRE) fell to decades-old lows today, after posting the company's biggest quarterly loss yesterday. Related company Countrywide Financial (CFC) also continued to tack on losses, dropping nearly 4%.

Leap Wireless (LEAP) dropped over 6% on Wednesday after announcing creditor fees stemming from a late filing of Q3 results.

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