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Tuesday, August 05, 2008 --- 121 days ago http://www.bloggingstocks.com/2008/08/05/before-the-bell-yhoo-fnm-pg-adm-alu-aap
Filed under: Before the bell , Earnings reports , Analyst reports , Analyst upgrades and downgrades , Deals , Yahoo! (YHOO) , Apple Inc (AAPL) , Cisco Systems (CSCO) , Starbucks (SBUX) , Market matters , Archer-Daniels-Midland (ADM) , Federal Natl Mtge (FNM) , Procter and Gamble (PG) , Amer Intl Group (AIG) , News Corp'B' (NWS) , Alcatel-LucentADS (ALU) , Analyst initiations , Economic data , Liz Claiborne (LIZ) U.S. stock futures were lower Tuesday morning as oil prices continued to decline, with crude falling below $120 a barrel on demand concerns due to the economic slowdown in the U.S. Commodities in general have been declining. Also today, the Federal Reserve will announce its decision regarding interest rates and it is widely expected they will remain unchanged. Similarly, the Fed's outlook statement about outlook and focus may also remain largely the same according to expectations. Meanwhile, overseas, both the ECB and BoE are expected to leave rates unchanged . One of Yahoo! Inc. (NASDAQ: YHOO )'s largest shareholders, Capital Research Global Investors, had asked to review the vote in last week's re-election of the Internet giant's board. Specifically, I guess, it was surprising the vote showed strong support -- 85% -- for CEO Jerry Yang. There's no sense dancing around this issue; basically the shareholder implies suspicions of wrongdoings (or really really incompetent tallying of votes). Bloomberg reports that analysts now ex ... |
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