TradingMarkets’ 10 Stocks You Need To Know About Today

Novell
(
NOVL |
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beat by a penny; quarterly profit, however, fell on
higher tax and restructuring costs.
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story)

Hewlett Packard
(
HPQ |
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said it would
reserve an additional $4 billion for stock buybacks.
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story)

Merck
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MRK |
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said it may settle some of
the 5,000 pending Vioxx related lawsuits.

Pixar
(
PIXR |
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is being investigated by
the SEC over heavy returns of the film “The Incredibles.”  PIXR
cited the returns as the reason the company missed Q2 estimates.

Petco
(
PETC |
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was in-line and guided lower.  The company was
downgraded to neutral at JP Morgan.
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story)

Cardiac Science
(
DFIB |
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received
permission to market its automatic public access defibrillators in Japan.

Omnivision
(
OVTI |
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PowerRating)
missed by 0.02.

Business Week reports AtheroGenics
(
AGIX |
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PowerRating)
may be a buyout candidate, according to John McCamant of the
Medical Technology Stock Letter.

Renovis
(
RNVS |
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PowerRating)
said Phase III trials of Ren 1654 did not meet primary
endpoints and that it is discontinuing development.
(Full
story)

Seagate
(
STX |
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was downgraded to
equalweight at Morgan Stanley.

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