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Morgan Stanley Adjusted Its 2011, 2013 EPS Estimates For Lexicon Pharmaceuticals

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Morgan Stanley adjusted its 2011 and 2013 EPS estimates for Lexicon Pharmaceuticals (NASDAQ:LXRX) and maintained its equal-weight rating and $2 price target. The bank sees a 2011 loss of $0.32 per share, narrower than its previous

By FNNO Staff
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Google Introduces Game Feature For Google+

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Google (NASDAQ:GOOG) is again trying to compete with Facebook as they release a new games feature on their social networking site, Google+. In a statement, Google said that it wants "to bring the nuance and richness of real-life s

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Morgan Stanley Lowered Its PT For DeVry To $60

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By FNNO Staff
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Shares of Red Robin Soar After Surprise Q2 Under New Management Team

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Red Robin Gourmet Burgers (NASDAQ:RRGB) shares increased 9% before the market opened on Friday following a new management that delivered a 59% boost in net income over the Q2. Analysts Lynne Collier and Philip May of Sterne Agee s

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ViewEditTrack: TiVo Authorizes Stock Repurchase Plan of Up to $100 Million

TiVo, Earnings, EPS, earn, profit, net, sale, invest, business economy, miss, beat, high, low, project, estimate, buy, sell revenue forecast income, financial news

TiVo (NASDAQ:TIVO) announced that its board has authorized the repurchase of $100 million of its outstanding common shares over a period of two years. The share repurchase program will be funded through the company's existing cash

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Fortune Brands Completes Sale of Acushnet Company Golf Business

Published on Fri, 07/29/2011 - 15:09
By FNNO Staff in General Interest, fo, acushnet, business, finance, fortune brands, investing, market, news, sale, stock, trading, News Update
acushnet, business, finance, fortune brands, investing, market, news, sale, stock, trading

Today Fortune Brands, Inc. (NYSE:FO) completed the previously announced sale of the Acushnet Company golf business to a group led by Fila Korea Ltd.

By FNNO Staff
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Nortel Completes $4.5 Billion Sale of Patent Portfolio

Nortel has said the portfolio, which includes more than 6,000 patents and patent applications, "touches nearly every aspect of telecommunications and additional markets ... including Internet search and social networking."

They are among the last major assets of Toronto-based Nortel, which filed for bankruptcy protection in 2009.

apple, business, finance, investing, market, microsoft, news, nortel networks corp., research in motion, sale, stock, trading

Nortel Networks Corp. completed their $4.5 billion sale of its patent portfolio to a consortium of buyers that includes Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), and Research In Motion (NASDAQ:RIMM), the company said Friday.

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Citigroup Scales Back Sale of One Main Consumer Finance Unit

Published on Thu, 07/07/2011 - 07:57
By FNNO Staff in General Interest, c, assets, business, citifinancial, citigroup, finance, investing, market, news, onemain, sale, stock, trading, News Update
assets, business, citifinancial, citigroup, finance, investing, market, news, onemain, sale, stock, trading

Citigroup (NYSE:C) has decided to scale back the planned sale of its former CitiFinancial unit as part of negotiations with Centerbridge and Leucadia. Citigroup is discussing a sale of about $9B in assets, with about $4B in proper

By FNNO Staff
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United Natural Foods Sells Non-Foods, General Merchandise Business

Published on Fri, 06/10/2011 - 10:07
By FNNO Staff in General Interest, UNFI, business, finance, investing, l&r distributors, news, price, sale, share, stock, united natural foods, News Update

The business, which includes cosmetics, seasonal products, conventional health & beauty products and hard goods, was originally included in UNFI's acquisition of Millbrook Distribution Services. Terms of the transaction were n

business, finance, investing, l&r distributors, news, price, sale, share, stock, united natural foods

United Natural Foods (NASDAQ:UNFI) announced today that it has sold its non-foods and general merchandise business to L&R Distributors Inc.

By FNNO Staff
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GE Capital Sells 49.77% Stake in Banco Colpatria

Bill Cary, Chief Operating Officer of GE Capital, said, "This is a good deal for GE, and furthers our objective of reducing the overall size of GE Capital, we have enjoyed working with Banco Colpatria's world-class management team

analysis, business, financial, ge, ge capital, general electric, market, news, price, sale, stock, stock banco colpatria, trading

GE Capital, the financial services arm of General Electric Co (NYSE:GE) sold its 49.77% stake in Banco Colpatria of Colombia to its joint-venture partner, Mercantil Colpatria.

By FNNO Staff
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