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Financial News
 | Stock Market TodayWeyerhaeuser Shares Lifts Up on Bullish Earnings ReportBy: Tim Rao on 02-03-2012 02:49:46pm EST Weyerhaeuser Co. (NYSE:WY) shares climbed the most in past six weeks following the US lumber producer and home builder announced its fourth-quarter profit which topped experts’ predictions courtesy to increase in earnings from home-and-lot sales. Read Full Story |
 | Market UpdatesEstee Lauder Plans to Work on Ads; Forecast Lower EarningsBy: Larry Davidson on 02-03-2012 02:39:15pm EST Cosmetics firm Estee Lauder Cos Inc (NYSE:EL) declared on Friday its forecasted quarterly earnings which were way too below Wall Street predictions, mentioning that it experienced damages due to foreign exchange rates and would hike investments in promotion. Read Full Story |
 | Stock Market TodayAcme Disappoints with Dreary 4Q Sales and ProfitBy: Eric Brown on 02-03-2012 02:20:12pm EST Acme Packet (NASDAQ:APKT) plunged almost 6.5% to $28.88 at 9:31 am following the Bedford, Massachusetts-located firm reported on Thursday that its profit, omitting few items was 26 cents per share which was below the average forecast of 28 cents in a Bloomberg poll. Read Full Story |
 | Market UpdatesPanasonic Might Post Biggest Loss of its History; Over $10 BillionBy: David Goldberg on 02-03-2012 02:01:13pm EST Panasonic Corp. (NYSE:PC) reported on Friday that it now predicts to announce a loss of over $10 billion for the FY concluding on March 31, and mentioned a write-down associated to its takeover of an opponent and heavy restructuring expenditure in its unprofitable television segment. Read Full Story |
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