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Blowout earnings, largely due to cost-cutting and reduced interest costs. Full-year non-GAAP earnings estimate raised to at least $5.25 (GAAP much higher due to Q2 bond buybacks at firesale prices). With earnings used to buy back more debt and with variable-rate interest likely to stay low next year, earnings should remain strong in 2010.
cc next week. Sentiment : Buy Rating :
 (No ratings) |
56/Male |
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