Higher Opening For Broader Markets
Stocks appear set to open higher
Tuesday.
The Federal Trade Commission has voted
to block Cytyc Corp’s
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Digene
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Homebuilder MDC Holdings
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said that it plans to exceed analysts’ estimates.
Apollo Group
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University of Phoenix Online
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reported Q3 net earnings of 27 cents a share, 3 cents better than consensus. UOPX
reported earnings of 16 cents a share, also beating estimates by 3 cents,
according to a survey taken by Multex.
EXFO Electronics
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upgraded at Morgan Stanley from Underweight to Equal Weight based on valuation
and belief that downside risk is limited.
Emmis Communications
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reported Q1 earnings of 4 cents a share before items, 12 cents better than
analysts’ consensus according to Multex.
Athletic shoe and apparel maker
Reebok
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Buy. The firm also put a price target on the company at $36.
Merrill Lynch reiterated its Strong
Buy rating on Micron Technologies
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release later today.
CIBC Worldmarkets upgraded Argosy
Gaming
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resolved in Indiana this weekend.
Delta Pine Land
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downgraded at UBS Warburg from Buy to Hold, citing a disappointing outlook. The
firm lowered its FY02 outlook from 98 cents to 80 cents .
Merrill Lynch reiterated its Strong
Buy rating on Novellus
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