Wednesday, March 5, 2008

yahoo

Ness of the main values to be followed Wednesday on Wall Street.

* FINANCIAL.

Several banking American values are rising Wednesday in Europe, still with the hope of a quick agreement on the refinancing of Ambac Financial Group, the number two of credit enhancement.

Citigroup gained 3.2% in Frankfurt in the morning and Bank of America 1.4%.

* YAHOO, TIME WARNER, MICROSOFT.

Discussions intensified between Yahoo and Time Warner with the aim of finding an alternative to the hostile purchase offer from Microsoft to Yahoo, reports the Wall Street Journal Wednesday.

Closing market price: $ 28.06 for Yahoo, 15.29 to 27.59 and Time Warner for Microsoft.

* COSTCO WHOLESALE.

The number one American stores warehouse Wednesday announced an increase in its earnings in the second quarter and pointed to stronger growth than expected sales of its similar size in February.

In the quarter ended February 17, it had made a profit of 327.9 million, or 74 cents per share, compared with 249.5 million (54 cents / share) a year earlier. Earnings per share is consistent with the Reuters Estimates consensus.

Sales of stores open for at least one year increased 7%, while the market had anticipated an increase of only 6%.

Closing market price: $ 62.39.

* ORACLE.

The software publisher has set Tuesday night on March 26 at the publication of its quarterly results, but gave no indication on their outlooks as he has several times in the past benefited from the announcement of the date of publication to issue warnings.

This lack of warning means, for some analysts, that the group has at least achieved its objectives.

Closing market price: 18.44 dollars (-2.69%)

* ENDO PHARMACEUTICALS HOLDINGS.

The pharmaceutical company announced Tuesday evening that commercialize in the United States on anti-inflammatory gel Voltaren Novartis, which will lead him to undertake investments that will weigh on its results. He therefore lowered its earnings forecast for 2008.

It now anticipates EPS annuls of $ 2.03 to 2.07, compared with 2.18 to 2.22 so far.

Closing market price: 27.04 $ (+0.07%)

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home

Blogs Directory Activism Blogs - BlogCatalog Blog Directory Free Blog Directory Buzzer Hut | Promote Your Blog Blog Directory EatonWeb Blog Directory