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Market Update : 
Walgreen Profit up 7%
Author: Elena Todorova
123jump.com
Last Update: 8:53 AM EST March 27 2006


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U.S. stocks opened flat on cautiousness ahead of FOMC meeting and Fed Reserve''s decision on interest rates. Drugstore chain Walgreen, the most important company releasing quarterly results today, posted Q2 profit increase of 6.6%. Among other companies, Alvarion posted narrower-than-expected Q4 loss, Cal-Maine Foods reported Q3 profit rise on sales growth, Retalix posted tripled Q4 income on 52% revenue increase.

 

 

 
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