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Company News for January 9, 2012

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•    After RF Micro Devices Inc. (NASDAQ:RFMD) suggested that its fiscal third quarter revenues might fail to meet analyst’ estimates, its shares declined 19.5% on Friday

•    Following Transocean Ltd.’s (NYSE:RIG) announcement that its chief financial officer Ricardo Rosa will be stepping down, shares of the company slipped 1.1%

•    Shares of Alcoa, Inc. (NYSE:AA) dropped 2.1% after the company announced plans to shut down or reduce 12% of its global smelting capacity

•    ViroPharma Inc. (NASDAQ:VPHM) announced that its is expecting $600 million - $660 million worth net product sales in 2012

•    Best Buy Co. Inc. (NYSE:BBY) said during the five weeks-period ending December 31, 2011, its same-store sales dropped 1.2%


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