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Stock News

Renaissance, Opus rank among top money managers in 3Q (BizJournals)
Renaissance Investment Management's Mike Schroer bought Apple Computer Inc. stock for his clients in March at around $25 a share. It's now trading near $68.

Privacy, please: More companies exit public trading (Dallas Morning News)
Many executives dream of taking their companies public and seeing their shares trade on one of the major stock exchanges. It brings prestige, gives them access to capital and puts the company on the map. But it also increasingly brings some rim-rocking headaches, additional costs and other annoyances.

Insecurities swirl at Amex (New York Newsday)
On Sept. 12, 2001, while the World Trade Center site was still burning, American Stock Exchange chairman and chief executive Salvatore Sodano picked up a fire extinguisher and put out flames that had spread to the exchange's roof.

Carly's Challenge (BusinessWeek Online via Yahoo! News)
The relief at Hewlett-Packard Co.'s Palo Alto headquarters was palpable. On Nov. 16, just 96 days removed from its biggest quarterly earnings miss in more than a decade, HP staffers celebrated the company's 2004 fourth-quarter results. The 66-year-old technology giant had rebounded nicely, notching a 27% hike in profits, to $1.1 billion, while sales jumped 8%, to $21.4 billion. The market whooped

Maurel & Prom May Extend Rally as Investors Bet on Takeover (Bloomberg.com)
Dec. 3 (Bloomberg) -- Record crude oil prices propelled Etablissements Maurel & Prom SCA's rise to France's third best- performing stock this year. A change in its ownership structure this month may make it a takeover target and extend the rally.

New rules to shock the stock markets (Scotsman)
IN WHAT will look like the most creative accountancy of the year, Vodafone boss Arun Sarin will reveal next month that its first-half loss of £3.2bn was actually a profit of roughly £4.1bn.

Beware the December tax trap for mutual funds (Daily Bulletin)
NEW YORK - The end of the year can be a great time to rebalance your portfolio and unload poor performers, but wise investors know to do a bit of research before buying and selling mutual funds in December.

Zacks.com featured expert Kevin Matras highlights the following stocks: Celadon Group, Gerdau Ameristeel Corp. and (Business Wire via Yahoo! Finance)
Zacks.com releases it's exclusive Screen of the Week report that highlights another successful stock picking strategy developed with their Research Wizard software. Kevin Matras looks at trading the Zacks Rank for a winning stock picking strategy.


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