- aftermarket news - leibovitz, 23.08.2002, 09:03
aftermarket news
-->-The U.S. Government is optimistic on the Argentina - IMF plan that will help
Argentina to win the Billions of Dollars it needs to help end a recession
-SEC Chairman Pitt ordered a review of abuses in the way Wall Street hands out
hot IPO's (WSJ reported)
-U.S. exempts more more steel from tax to h=head off a trade war with Europe
-Older Cellular Telephones pose a risk of brain tumors, a Swedish study
published in the European Journal of Cancer Preventation showed
-Microsoft (MSFT) said Office Software vulnerable to Hackers (during mkt hours)
-AOL TW's Online unit is talking to rival entertainment co's like Vivendi
Universal and major TV networks to develp partnerships, people familiar said
-AOL Time Warner: another large write-off of intangible assets could be on
the way at AOL TW, mainly from its Online unit (WSJ - Heard on the Street)
-AOL Time Warner: The SEC will examine positive earnings forecasts last year
by AOL while 15 executives made a total of $500 Mio selling shares (FT said)
-Yahoo! (YHOO)'s chief product officer to retire at end of August (WSJ said)
-Tech Data (TECD)'s Q2 net 60c (est. 56c), Revs $4.00 Bio (est. $3.84 Bio),
sees Q3 EPS 53c-59c (est. 62c), Revs $3.8 Bio - $4.0 Bio (est. $3.9 Bio)
-Marvell Tech (MRVL)'s Q2 net 11c (est. 9c), Revs $119.7M (est. $109.8M),
sees strenght across both data storage and data communications businesses
-Taiwan Semi (TSM) resumed production of Nvidia order, Taiwan Paper said
-Borders Group (BGP)'s Q2 net 4c (est. 3c), Revs $763.6M (est. $771.7M),
sees FY02 EPS $1.45-$1.49 (est. $1.48)
-Blockbuster (BBI) is repositioning its business to respond to a changing
marketplace that is embracing DVD and video game sales (Barron's Online)
-Genentech Judge denied bid for new trial in $500 Mio Citi of Hope verdict
-Delta Air Lines (DAL), Northwest Airl.(NWAC) & Continental Airl.(CAL) are
expected to announce a code-sharing agreement as early as tomorrow (WSJ said)
-Lockheed Martin (LMT) faces weak demand for new rocket amid slump (WSJ said)
-With oil bouncing around $29 a barrel and normal levels of global oil
inventories it isn't time to leap into energy stocks (WSJ said)

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