Morning News - Friday, November 10, 2006
INTC will increase its planned investment to build a computer-chip assembly and testing facility in Vietnam by almost two-thirds to as much as $1 billion.
Borders- Bill Ackman said he purchased an 11% stake in Borers Group.
WMT – cutting prices on small appliances to boost sales.
DIS said its 4th qtr net income rose to 36 cents per share on revenues of $8.78B, topping consensus of 34 cents and $8.66B, respectively.
ABX- has waived the minimum tender condition of its offer to acquire the outstanding common shares of NG at $16.00 cash a share.
CPKI – 3Q06 EPS beats by 1c, co lowers 4Q EPS guidance. EPS 34c vs cons 33c. Revs in at $142.8M vs cons $142.6M. Co lowers 4Q EPS to 13c-15c vs 25c-27c, cons is at 28c. Co guides FY07 EPS to $1.31-$1.33 vs cons $1.38. See FY07 rev growth of 19%-20% vs cons $646.92.
Nikkei down .53% to close at 16112.43
Gold 634.70 – 2.10
Oil 60.60 - .55
Dollar: euro 1.2865 + .0031; yen 117.33 - .59
Borders- Bill Ackman said he purchased an 11% stake in Borers Group.
WMT – cutting prices on small appliances to boost sales.
DIS said its 4th qtr net income rose to 36 cents per share on revenues of $8.78B, topping consensus of 34 cents and $8.66B, respectively.
ABX- has waived the minimum tender condition of its offer to acquire the outstanding common shares of NG at $16.00 cash a share.
CPKI – 3Q06 EPS beats by 1c, co lowers 4Q EPS guidance. EPS 34c vs cons 33c. Revs in at $142.8M vs cons $142.6M. Co lowers 4Q EPS to 13c-15c vs 25c-27c, cons is at 28c. Co guides FY07 EPS to $1.31-$1.33 vs cons $1.38. See FY07 rev growth of 19%-20% vs cons $646.92.
Nikkei down .53% to close at 16112.43
Gold 634.70 – 2.10
Oil 60.60 - .55
Dollar: euro 1.2865 + .0031; yen 117.33 - .59
