Stocks To Open Higher
Stocks appear set to open higher
Wednesday.
Yahoo
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PowerRating) has aligned with SBC
Communications
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PowerRating) to provide broadband service under both companies’
brands in SBC’s 13 states.
The board of directors for Christopher
& Banks Corp.
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PowerRating) have approved a 3-for-2 stock split.
Interpore Cross International
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PowerRating)
has received U.S. regulatory approval to market the company’s new spinal system
implant.
Tiffany & Co.
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PowerRating) reported a
34% decrease in Q3 earnings. The company reported earnings of 16 cents a share,
beating analysts’ estimates of 13 cents according to a poll taken by Thomson
Financial/First Call.
Hewlett-Packard
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PowerRating) reported
sales of $10.9 billion, exceeding analysts’ expectations of $9.9 billion
according to a survey taken by Thomson Financial/First Call.
Daktronics
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PowerRating) posted earnings
of 10 cents a share on a diluted basis, beating analysts’ expectations of 8
cents a share according to Thomson Financial/First Call.
Merrill Lynch
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PowerRating) plans to cut
more of its workforce. No target has been given for job cuts at this time. To
date, MER has offered 65,900 employees severance packages.