Stocks Set To Open Higher
Instinet Group
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INET |
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PowerRating) reported Q3
earnings of 9 cents a share, beating analysts’ consensus by a penny.
According to a report in the Wall
Street Journal, Matrix Asset Advisors, which is an investor in both Hewlett
Packard
(
HWP |
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PowerRating) and Compaq Computers
(
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PowerRating), has sent a letter to the board
of directors asking the two companies to ditch their merger plans.
Delphi Automotive
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PowerRating) reported
Q3 earnings of 5 cents a share, in line with analysts’ estimates according to a
poll taken by Thomson Financial/First Call. However, earnings dropped 82% from
the same quarter a year ago.
Tellabs
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TLAB |
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News |
PowerRating) posted a Q3 loss
of 12 cents vs. a profit of 45 cents for the same quarter a year ago. Analysts
polled by Thomson Financial/First Call were expecting the company to earn 5
cents a share with a range of zero to a profit of 10 cents.
Enron
(
ENE |
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News |
PowerRating) reported a Q3 loss of
84 cents a share including charges. Excluding charges and dividends, Enron
earned 43 cents a share, in line with analysts’ estimates based on a survey
taken by Thomson Financial/First Call.
American Standard
(
ASD |
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News |
PowerRating) posted Q3
earnings of $1.23, in line with analysts’ estimates according to Thomson
Financial/First Call.
Midwest regional bank Comerica
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CMA |
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PowerRating)
posted Q3 earnings of $1.20, excluding unusual items, beating estimates by 2
cents a share according to Thomson Financial/First Call.
OSI Systems
(
OSIS |
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PowerRating), the maker of
X-ray screening security machines, said it expects a Q1 profit instead of a loss
due to increasing demand for the company’s products after the Sept. 11 attack.
Biogen
(
BGEN |
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Chart |
News |
PowerRating) reported Q3
earnings of 46 cents a share vs. 44 cents a share for the same quarter a year
ago, and beat estimates by 2 cents based on data collected by Thomson
Financial/First Call.
Investment Technology Group
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ITG |
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Chart |
News |
PowerRating)
reported earnings for Q3 of 49 cents a share, beating analysts’ consensus of 46
cents based on a survey taken by research firm Thomson Financial/First Call.