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Company News for September 25, 2009
• Research In Motion Ltd. (NASDAQ:RIMM - Analyst Report) reported Q2 EPS of $1.03; revenues surged 37% year-over-year to $3.53 billion. The company sees Q3 revenues of $3.60-$3.85 billion and Q3 EPS of $1.00-$1.08.
• McDonald's (NYSE:MCD - Analyst Report) raised its quarterly dividend 10% to 55 cents, offering a current yield of 3.92%.
• Citigroup (NYSE:C - Analyst Report) shares sank on news the firm plans to shrink its retail banking operations.
• Unilever (NYSE:UL - Analyst Report) agreed to the $1.87 billion purchase of Sara Lee's (NYSE:SLE - Analyst Report) personal care business consisting of the Sanax and Duschdas brands.
• Twitter is reportedly ready to raise about $100 million in a new funding, which would value the company at about $1 billion.
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| Market Summary | Nov 24, 2009 23:06 pm ET |
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