TradingMarkets’ 7 Stocks You Need To Know About Today
Heinz
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HNZ |
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PowerRating) missed by 0.03, although it did post a higher
quarterly profit. The company said earnings for the year would be at the low end
of estimates.
CSFB cut Intel
(
INTC |
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PowerRating) to underperform from outperform.
Hewlett Packard
(
HPQ |
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PowerRating) said planned job cuts in 2005 would cost
$200 million–about 4 cents per share.
TiVo (TIVO)
reported a wider Q3 loss of (0.33), better than expectations for a loss of
(0.44). Revenue was $38 million, down 11%. The company added 419,000 new
subscribers in the third quarter.
Computer Associates
(
CA |
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PowerRating) named new for IBM software head John
Swainson as CEO, replacing Kenneth Kron.
Wachovia reduced Express Scripts
(
ESRX |
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PowerRating) to underperform.
Texas Utilities
(
TXU |
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PowerRating) will repurchase 52.5 million shares and will
issue debt to raise cash.