Stocks Look To Open Stronger
Stocks appeared set to open higher
Tuesday.
Globix
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PowerRating) announced the
company has received approximately $25 million in new contracts for Q3.
Microsoft
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have aligned to embed digital authentication technology in MSFT’s Web services.
This is the second alliance for Microsoft with a security software maker.
Earlier this year MSFT joined up with McAfee.com
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PowerRating) to integrate the
McAfee software into MSFT’s Net Internet servers.
Silverstream Software
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it expects Q2 earnings to be a loss between 45 to 48 cents per share. Analysts surveyed by Thomson Financial/First Call expected the company to post a 46 cent
loss.
Lockheed Martin
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PowerRating) announced
that their Patriot Advanced Capability-3 (PAC-3) missile program met a two
flight test
milestone.
Citigroup
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C |
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PowerRating) announced a tender
offer for Grupo Financiero Banamex-Accival.
Medical device maker Inamed
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PowerRating)
announced the company expects Q2 earnings to be between 42 to 44 cents a share.
Linen’N Things
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LIN |
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PowerRating) expects earnings for Q2 to be between 11 to 12 cents per share. According to a poll
taken by Thomson Financial/First Call, analysts were expecting earning to be 15
cents.
According to a Dow Jones report,
Amerada Hess
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PowerRating) has agreed to acquire Triton Energy
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$45/share.
DB Alex Brown initiated coverage on
Gemstar-TV Guide
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PowerRating) with a Strong Buy.
Lehman Brothers upgraded their rating
on Home Depot
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HD |
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PowerRating) from Buy to Strong Buy.
Phone equipment maker LM Ericcson
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ERICY |
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PowerRating)
was downgraded by Salomon Smith Barney from Neutral to Underperform.
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