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Company News for October 15, 2009

By: Avishek Mishra
October 15, 2009 | Comments: 0
Recommended this article (1)
GS | C | BAX | RIMM | ING | DELL | HPQ | BUD | GOOG
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• Goldman Sachs (NYSE:GS - Analyst Report) reported third quarter earnings of $5.25 a share, versus Zacks estimates of $4.14 a share, as revenues rose to $12.37 billion from $11.02 billion

• Citigroup (NYSE:C - Analyst Report) reported a 27 cent per share loss for the quarter, inline with Zacks estimates, on revenues of $20.4 billion

• Baxter International (NYSE:BAX - Analyst Report) reported third quarter earnings of 98 cents a share, one cent above Zacks estimates, on revenues of $3.15 billion

• Research in Motion (NASDAQ:RIMM - Analyst Report) is due to launch its new version of a touchscreen Blackberry, the Storm2 today

• Singapore's Oversea-Chinese Banking Group agreed to pay ING Group (NYSE:ING - Snapshot Report) $1.46 billion for its private banking operations in Asia

• According to Gartner data Acer overtook Dell (NASDAQ:DELL - Analyst Report) as the number 2 PC computer brand by market share, with 15.4% of the global market, versus Dell's 12.8% and Hewlett-Packard's (NYSE:HPQ - Analyst Report) 20%

• Anheuser-Busch InBev (NYSE:BUD - Snapshot Report) passed its $7 billion divestment goal to help repay its $52 billion Anheuser-Busch takeover, agreeing to sell breweries to CVC Capital Partners for an initial $2.23 billion

• Google (NASDAQ:GOOG - Analyst Report) announced plans to launch an online bookstore in 2010


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Market Summary Nov 24, 2009 06:06 am ET
DJIA 10450.95  132.79 1.29%
NASD 2176.01  0.00 0.00%
S&P 500 1106.24  14.86 1.36%
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