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Market Update : 
Barnes Revenue Up 20%, EFunds Up 12%
Author: 123jump.com Staff
123jump.com
Last Update: 3:08 PM EDT May 09 2007


Barnes Group, metal maker and distributor, revenue rose 20% and earnings rose to 50 cents per share from 36 cents a year ago. The company revised its annual earnings outlook. EFunds, electronic payment solution provider reported earnings of 22 cents but said that it has been approached by investment banks to explore strategic alternatives. Leap wireless earnings fell on higher customer acquisition cost but stock jumped 6%.

 

 

 

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