01/26/06: Microsoft Opens The Window On A Profitable Fiscal Future
SUSIE GHARIB: Microsoft served up strong quarterly
earnings late today and the stock rose about 2 percent in after hours
trading. Excluding special charges, the world`s largest software maker
earned $0.33 a share in its fiscal second quarter, right in line with
estimates. Revenues rose 9.4 percent to a record $11.8 billion, but they
were still lower than expected. One reason: Microsoft was not able to
produce enough of its new X-box 360 video game system to meet holiday sales
demand. Looking ahead, Microsoft sees fiscal third quarter earnings of
$0.32 to $0.33 a share. For fiscal year 2006, it is forecasting earnings
of $1.28 to $1.31. Joining us now to analyze those Microsoft numbers, Andy
Miedler, software analyst with Edward Jones. Hi, Andy.
ANDY MIEDLER, SOFTWARE ANALYST, EDWARD JONES: Hi, thank you for
having me.
GHARIB: Let`s talk first about the guidance towards the third quarter
and for the year. What`s your take on the earnings and revenue guidance?
Are you satisfied with what Microsoft said today?
MIEDLER: I was definitely satisfied with the coming guidance for the
upcoming quarter and the full year. It was a little bit higher than what
we were expecting, so I think it leads to a good rest of the year for
Microsoft.
GHARIB: There`s been so much talk about the X-box 360 video game
consoles and how they fell short over the holiday season. What about the
outlook? Did they say anything today on the conference call?
MIEDLER: They did. They updated their full fiscal year guidance,
which is they`re expecting to have between 4.5 and 5.5 million X-box 360
shipments. And this is exactly in line with what we were expecting. The
real weakness in the quarter on the revenue side this quarter was due to
the X-box 360 supply constraints. They simply couldn`t get enough of the
parts to meet the demand, so this was the reason for the revenue weakness
this quarter, but on a full-year basis, we expect them to meet these
expectations.
GHARIB: I know that Microsoft is coming out with some new products for
the second half of this year. It`s latest Windows operating system that`s
called Vista and there`s also a new version of Office. Are these going to
be big drivers of growth?
MIEDLER: We think they will be big drivers of growth. As you
mentioned, in the second half of this year, Microsoft has a refresh of
virtually all of their products, starting with that the refresh of the new
Windows operating system, Windows Vista. This is set to ship in the second
half of the year and then we`ll have the new Office product, new Internet
Explorer and we think these new products will really accelerate growth at
Microsoft back into that low double digit range which is what we and I
believe the rest of the market will find attractive.
GHARIB: You have a buy recommendation on Microsoft`s stock. I know
you`re very bullish on it, but is there anything that worries you, anything
that gives you pause?
MIEDLER: We just want to see the supply constraints alleviated on the
X-box 360 and we want to continue Microsoft continue to be competitive on
the Internet front. They did just loose a deal to become a partner with
AOL and obviously we would have liked to have seen them get this
partnership with AOL, but we believe Microsoft, you can`t count them out on
the Internet. They`re doing very well, more than $2 billion of revenue in
their segment. So we would like to see them do a little bit better with
their Internet advertising, but overall, we think Microsoft is poised to do
great over the next few years and believe investors should be buying the
shares.
GHARIB: We just have 30 seconds left, real quickly. There was no
comment from Microsoft today about any plans to increase its dividend. Did
the company say anything on the conference call that you were listening in
on about plans for the $50 billion in cash that it has on the books?
MIEDLER: Well, no, they did not just increase their dividend, but just
last quarter they did increase their dividend 12.5 percent and now yields
about 1.3 percent. Microsoft`s obviously a very cash-rich company with
around $44, $45 billion in cash and investments. And what we see them
doing is continuing to buy back large amounts of their shares, but also, we
believe Microsoft`s increasing dividend and a rising income story over
time, and couple this with the growth, we think this is a good time for
investors to get into Microsoft.
GHARIB: OK. Do you own the stock or does your firm have any
participation with Microsoft?
MIEDLER: No, I don`t own the shares and we have no conflicts of
interest.
GHARIB: All right. Andy, thanks so much for coming on the program. We
appreciate it.
MIEDLER: Thank you for having me.
GHARIB: We`ve been speaking with Andy Miedler, software analyst with
Edward Jones.
Nightly
Business Report transcripts are available on-line post broadcast.
The program is transcribed by eMediaMillWorks. Updates may
be posted at a later date. The views of our guests and commentators
are their own and do not necessarily represent the views of
Community Television Foundation of South Florida, Inc. Nightly
Business Report, or WPBT. Information presented on Nightly
Business Report is not and should not be considered as investment
advice. Copyright
(c) 2005 Community Television Foundation of South Florida,
Inc. ALL RIGHTS RESERVED. Terms of use.
01/26/06: GM Downshifts Into Loss Mode
JEFF YASTINE: General Motors shares went into reverse today, falling over 3
percent after the company reported quarterly results which were far worse
than Wall Street had expected. The company blamed everything from weak
sport utility sales to higher advertising costs for the disappointment. As
Diane Eastabrook reports, some analysts think further cost cuts may be in
the cards for GM.
DIANE EASTABROOK, NIGHTLY BUSINESS REPORT CORRESPONDENT: Analysts
were expecting another bad quarter at General Motors, but nothing close to
the massive loss the company reported today. Excluding special items, GM
lost $2.09 a share in the final quarter of last year compared to a profit
of $1.28 a share in the same quarter of 2004. Wall Street was anticipating
a loss of only $0.16 a share. North America was the biggest problem for GM
at the end of the year. The company said marketing costs soared because
the auto maker had to ramp up advertising for a new pricing strategy it
rolled out a couple of weeks ago. In addition, sales weakened
significantly in the quarter for GM`s pickups and sport utility vehicles.
FRITZ HENDERSON, CFO, GENERAL MOTORS: This was a quarter where we
were down year-to-year, in the quarter 62,000 full size sport utilities.
Now part of that was the market, but a very large part of it was our
conversion over to our new full-size sport utilities which we begin
invoicing in the first quarter of `05 -- `06, excuse me, so mix was very
unfavorable.
EASTABROOK: Henderson thinks sales will improve for the high-profit
margin SUV segment this quarter and advertising costs will come down as
well. The company believes its balance sheet will improve even more in the
second half of the year, as health care concessions negotiated with the
United Auto Workers union are implemented and a restructuring of North
American operations gets underway. But analyst Brett Hoselton thinks GM
needs to make even deeper cuts. His employer, Keybanc Capital Markets, has
an investment banking relationship with the auto company.
BRETT HOSELTON, AUTO ANALYST, KEYBANC CAPITAL MARKETS: The jobs bank
program is a thing of the past, guaranteed employment a thing of the past.
That needs to go away. Health care costs are still far too high for the
UAW. They`re not even competitive with the salaried employees at their
plants.
EASTABROOK: GM could also face pressure again to cut its dividend.
Billionaire investor Kirk Kerkorian, who increased his stake in the company
yesterday, has been calling for a dividend cut. And analysts think the UAW
could demand a dividend cut as well, if the company pressures it again for
even more give-backs. Diane Eastabrook, NIGHTLY BUSINESS REPORT, Chicago.
Nightly
Business Report transcripts are available on-line post broadcast.
The program is transcribed by eMediaMillWorks. Updates may
be posted at a later date. The views of our guests and commentators
are their own and do not necessarily represent the views of
Community Television Foundation of South Florida, Inc. Nightly
Business Report, or WPBT. Information presented on Nightly
Business Report is not and should not be considered as investment
advice. Copyright (c) 2005 Community Television Foundation
of South Florida, Inc. ALL RIGHTS RESERVED. Terms of use.
1/26/06: Who Benefits Most From HSA's
JEFF YASTINE: At a news conference today, President Bush gave some hints
about what he intends to highlight in next Tuesday`s state of the union
address. On the domestic front, Mr. Bush intends to push forward with
market-oriented health care reforms. And topping the list, ideas to expand
health savings accounts. As Darren Gersh reports, those accounts are
getting a mixed reception in the marketplace.
DARREN GERSH, NIGHTLY BUSINESS REPORT CORRESPONDENT: Alex Soto not
only uses a health savings account, known as an HSA; the independent
insurance agent also sells them to his clients or tries to. He says every
company he`s talked to has rejected the accounts. The concern: HSAs
require employees and employers to be much more involved in tracking their
health claims.
ALEX SOTO, PRESIDENT, INSOURCE: And so far, that has been daunting
enough where they go, whoa, very complicated already. We don`t want to add
another level of complexity.
GERSH: HSAs are tax-free savings accounts used to pay health care
bills. To qualify for an HSA, consumers must also purchase a high-
deductible health insurance policy. And because consumers are paying more
of their own money for health care, supporters say doctors and hospitals
should become more efficient.
MICHAEL CANNON, HEALTH POLICY DIRECTOR, CATO INSTITUTE: We`re
starting to see people exhibiting more price sensitivity, asking about the
costs of services more than they have been. And providers are starting to
respond to that, insurers are starting to respond to that.
GERSH: That`s the theory. But Soto is in the insurance business and
he has a whole department that chases down doctors and insurance companies
to make sure his employees get the same discounts given to patients with
traditional health plans.
SOTO: That can be done, and they should provide you that information,
but is it the easiest thing in the world? No.
GERSH: Even with the hassles, Soto says his company has saved a lot of
money with HSAs. The president is expected to call for expanding the
accounts in his state of the union address next week, most likely
increasing the amounts employees can save tax-free. One of the president`s
former economic advisers wants Mr. Bush to go further and remove
regulations requiring HSAs to carry a deductible of $2,100 for a family.
GLENN HUBBARD, FORMER BUSH ECONOMIC ADVISER: I think the Congress
intended to push people toward higher deductible, higher co-pay plans,
which make a lot of sense for health policy reasons. But if we let markets
work, people will do that naturally. That`s the evidence we have from
economics and probably at deductible levels that are slightly less than
under current HSAs. I think it would be more of an improvement to let the
market decide.
GERSH: Three million people have signed up for HSAs, most in the last
year. But skeptics worry the new accounts appeal mostly to younger,
healthier consumers and so will play a limited role in managing the
nation`s health care bill. Darren Gersh, NIGHTLY BUSINESS REPORT,
Washington.
Nightly
Business Report transcripts are available on-line post broadcast.
The program is transcribed by eMediaMillWorks. Updates may
be posted at a later date. The views of our guests and commentators
are their own and do not necessarily represent the views of
Community Television Foundation of South Florida, Inc. Nightly
Business Report, or WPBT. Information presented on Nightly
Business Report is not and should not be considered as investment
advice. Copyright (c) 2005 Community Television Foundation
of South Florida, Inc. ALL RIGHTS RESERVED. Terms of use.
1/26/06: "Bill of Health"-VIP's: Very Important Patients
JEFF YASTINE: Every patient who goes to a doctor`s office wants to be
treated like a VIP -- a very important patient. So, in an effort to get
back to spending more time with their patients and still cover their own
costs, some doctors are beginning to offer VIP or concierge-type practices.
As we see in tonight`s "bill of health" segment, these practices are
finding favor with more patients. But there`s a caveat -- it will cost
you.
Its a typical scene from any doctor`s office, except for one thing -
this patient can talk to her doctor whenever she wants, for as long as she
wants, no hurried exam room sessions here. She pays for the privilege --
$1,500 a year-- but finds the money well spent.
UNIDENTIFIED FEMALE: This is important to me. I would rather give up
something else than not be a part of this practice. I just think that it`s
a wonderful thing. You make choices all over the place.
YASTINE: Her physician, Dr. Bernard Kaminetzky, switched his practice
to a VIP model after becoming frustrated by the pressures of seeing dozens
of patients a day and not being able to focus on preventive care. That`s
not the case now.
DR. BERNARD KAMINETSKY, INTERNIST, MDVIP: I`d be shocked to find out
that any woman over 50 who I`d seen who had not had a mammogram within the
year. If it`s a diabetic, if they haven`t had their eye screening, if they
hadn`t had their 24-hour urine for protein. It just doesn`t happen. It`s
a matter of numbers. You can`t put that kind of emphasis on prevention
when you got so many patients that you`re only reacting to acute illness
and the statistics are there.
YASTINE: To date, the number of physicians practicing this concierge
type of medicine is still small, amounting to less than 1 percent of the
300,000 or so doctors in the U.S. Yearly fees vary, but a Government
Accounting Office study in 2004 found most practices charged between $1,500
and $2,000 a year, in addition to the standard co-pays fixed by their
health insurer. But the annual fees are cause for debate, with some
claiming it`s a step toward a two-tier medical system, with those who can
afford it getting better care. It also says a lot about the state of the
U.S. healthcare system.
DR. ARTHUR PALAMARA, VASCULAR SURGEON: Without question, the MDVIP is
emblematic of the problems with our healthcare today. What we need to do
is to try to resolve that in favor of a healthcare system that`s able to
provide good quality sound healthcare for everyone so that the doctor can
once again become an advocate for their patients.
YASTINE: But advocates for VIP style practices see the issue in
different terms.
EDWARD GOLDMAN, CEO, MDVIP: The payment from the patient is $125 a
month. It`s in reach of most of the middle class. For instance, if
someone`s making a decision to smoke cigarettes, they`re probably paying
more than $125 a month. There are lots of people who are not wealthy who
smoke cigarettes. If they should have the option to make an unhealthy
choice, then shouldn`t they have an option to make a healthy choice?
YASTINE: Companies like MDVIP say this business model for doctors is a
niche practice, but an effective one. About 95 percent of its patients
renew their fees each year.
Nightly
Business Report transcripts are available on-line post broadcast.
The program is transcribed by eMediaMillWorks. Updates may
be posted at a later date. The views of our guests and commentators
are their own and do not necessarily represent the views of
Community Television Foundation of South Florida, Inc. Nightly
Business Report, or WPBT. Information presented on Nightly
Business Report is not and should not be considered as investment
advice. Copyright (c) 2005 Community Television Foundation
of South Florida, Inc. ALL RIGHTS RESERVED. Terms of use.
1/26/06: "Commentary"-Exposing Executives & The People Who Pay Them
SUSIE GHARIB: In tonight`s commentary, bringing outlandish executive pay
packages down to earth. Here`s Myron Kandel, founding financial editor at
CNN.
MYRON KANDEL, FOUNDING FINANCIAL EDITOR, CNN: I think it`s a great
move for the SEC to force companies to disclose more about the pay and
perks they bestow on their top executives. Such information is long
overdue, especially because the gap between the big brass and ordinary
workers has widened so obscenely. Ironically, some say more disclosure
will lead to higher compensation because some executives, seeing what their
counterparts are getting, will seek increases for themselves.
I don`t buy that because I believe transparency will help narrow the
gap. But I do have a proposal directed at my colleagues in the press.
It`s much too easy to point out egregious compensation packages when we
uncover them. But, no matter how powerful CEO`s may be, they don`t pay
themselves. That`s done by the company`s board on the recommendation of
its compensation committee. In the past, those committees were loaded with
the CEO`s cronies. Now, supposedly-independent directors are in charge.
Nevertheless, executive compensation continues to spiral out of sight.
So here`s my recommendation to the media. Whenever you report on an
inflated pay package, please include the names of the compensation
committee members who recommended it. And then a good reporter might very
well ask them to justify those figures. At least it would make them and
the rest of the board think twice about how much is justified and maybe
that would even bring some of those out-of-sight packages down to earth.
I`m Myron Kandel.
Nightly
Business Report transcripts are available on-line post broadcast.
The program is transcribed by eMediaMillWorks. Updates may
be posted at a later date. The views of our guests and commentators
are their own and do not necessarily represent the views of
Community Television Foundation of South Florida, Inc. Nightly
Business Report, or WPBT. Information presented on Nightly
Business Report is not and should not be considered as investment
advice. Copyright (c) 2005 Community Television Foundation
of South Florida, Inc. ALL RIGHTS RESERVED. Terms of use.
1/26/06: "Paul Kangas' Stocks In The News"
JEFF YASTINE: A drop in General Motors shares could not slow the major
indexes today, but the bulls beginning to run right at the open on strong
profits from Honeywell, Caterpillar and AT&T, all Dow components. By
midday, the Dow notched a 100-point rise. The NASDAQ likewise shooting
higher in the second half of the session and both indexes closed sharply
higher. The Dow finishing up nearly 100 points at 10,809 and the NASDAQ
adding 22 points to close at 2,283. The S&P 500 gaining 9 to end at 1,273.
Treasury prices came in for another drubbing today. Durable goods
orders rose a larger-than-expected 1.3 percent last month. And now some
bond traders think the Bernanke Fed may have more work to do raising rates
after Chairman Greenspan`s final meeting next week. So, the 10-year note
down 10/32nds to 99 27/32nds and the yield back up to 4.52 percent.
And today we have Lucent Technology (LU) topping our list, gaining
$0.10.
General Electric (GE) gaining a quarter.
And Pfizer (PFE) jumping by a nearly similar amount.
Nokia (NOK) losing $0.29. The mobile phone giant posting modest, a
modest drop in fourth quarter profits, but it did raise its stock buyback
program by $8 billion.
And there`s Ford Motor Co (F) rising $0.15. Ford says there`s a lot
the Federal government could do to help the auto business but a financial
bail out is not one of them for their company.
Disney (DIS) falling $0.36. The company denied a "New York Times"
article which suggested Chairman George Mitchell suppressed an executive
search firm`s negative evaluation of Robert Iger, that back when the
company was looking for a replacement for Michael Eisner.
Bristol Myers (BMY) rising $0.60.
And Taiwan Semiconductor (TSM) gaining $0.66.
ExxonMobil (XOM) dropping $0.26.
First Data (FDC) though jumping more than $2. The company will spin
off its Western Union division as a stand alone public company. First Data
reported a 14 percent drop in quarterly profits.
And then on to Caterpillar (CAT), which surged over $3 in a new all-
time high. This gain alone accounted for about 25 percent of the Dow`s
nearly 100-point gain. Fourth quarter earnings rising 54 percent. The
company sees $5 a share in profits for 2006.
Another Dow component, Honeywell Intl (HON) up more than $1. Profits
rising to $0.62 a share, more than double year ago levels thanks to a
recovery in its aerospace unit.
And Boston Scientific (BSX), only a few days ago, after the purchase
of Guidant, the company suddenly received a pair of warning letters from
the FDA which found ongoing serious regulatory problems at three of Boston
Scientific`s manufacturing plants. That, despite being warned twice last
year about similar issues.
And then Sony (SNE), which surged over $4, $5. Strong demand for
Sony`s Playstation, game players helping the electronics giant deliver
record profits.
American, excuse me, Advanced Micro Devices (AMD) rising over $2, its
highest close since July of 2000. Gateway will soon put AMD`s chips in its
PC products. AMD also grabbed more chip market share in the latest industry
data.
Shares in Harman Intl Industries (HAR) vaulting over $8. It will be
added to the S&P 500 on a day to be announce later, replacing Siebel
Systems, which of course is being acquired by Oracle.
And then here`s an IPO, shares in Chitpotle Mexican Grill (CMG) piping
hot, today`s debut nearly 8 million shares priced to go at $22. It opened
at $45.
Now on to the NASDAQ where Google (GOOG) rose just a fraction.
And Apple Computer (AAPL) was off nearly $2.
Amgen (AMGN) dropping $3.50. Fourth quarter earnings were OK, but
investors were disappointed they didn`t see any information on drug trials
for a promising colon cancer drug.
Sandisk (SNDK) eking out a gain of $0.33.
And then Intel (INTC) picking up a fraction.
Shares in Juniper Networks (JNPG) falling over $4. Fourth quarter
profits rose 60 percent, but the company warned that first quarter revenues
will be weaker than forecast.
And as we mentioned at the top of the show, Microsoft (MSFT) gained a
dime in regular trading, up 2 percent after hours on fairly decent earnings
there.
Cisco Systems (CSCO) up a fraction.
Yahoo! (YHOO) gaining $0.68.
And Qualcomm (QCOM) losing a fraction.
Plexus (PLXS) rising over $7. First quarter results triple compared
to year ago levels. That on strong sales of networking gear which helped
that company`s performance.
Investors Financial Services (IFIN) rising nearly $9. It posted a 15
percent increase in earnings. Investors provides administration accounting
and other services for pension and mutual funds.
Alexion Pharmaceuticals (ALXN) jumped $5. The company has a drug that
works on particular anemia disorders and clinical trials showed positive
results there.
And finally, Silver Wheaton (SLW) rising $0.62. Silver mining
companies getting a boost, the SEC calling for a 21-day comment period for
proposed exchanged traded funds for silver. The I-shares silver trust.
And those are our stocks in the news tonight.
Nightly
Business Report transcripts are available on-line post broadcast.
The program is transcribed by eMediaMillWorks. Updates may
be posted at a later date. The views of our guests and commentators
are their own and do not necessarily represent the views of
Community Television Foundation of South Florida, Inc. Nightly
Business Report, or WPBT. Information presented on Nightly
Business Report is not and should not be considered as investment
advice. Copyright (c) 2005 Community Television Foundation
of South Florida, Inc. ALL RIGHTS RESERVED. Terms of use.
01/26/06:
Market Stats
NET PERCENT
CLOSE CHANGE CHANGE
DOW CLOSE 10809.47 +99.73 + .9
HIGH 10827.96
LOW 10710.94
NASDAQ COMP. 2283.00 +22.35 +1.0
HIGH 2284.07
LOW 2264.85
VOLUME 2,075.1
PREVIOUS 1,925.7
UP VOLUME 1,428.1
DOWN VOLUME 631.7
DOW TRANSPORTS 4306.53 +65.72 + 1.6
DOW UTILITIES 414.77 -3.85 - .9
CLOSING TICK +332
S&P 500 1273.83 +9.15 + .7
S&P 100 576.07 +3.51 + .6
MIDCAP 400 771.75 +8.79 + 1.2
REUTERS/CRB 343.46 +.94 + .3
NYSE COMPOSITE 8044.00 +74.51 + .9
VALUE LINE 433.65 +4.87 + 1.1
RUSSELL 2000 728.48 +12.03 + 1.7
DJW 5000 12874.23 +101.92 + .8
U.S. TREASURIES
5-YEAR NOTE 4.25%
Jan. 15,2011 99 5/32 -5/32 4.44
10-YEAR NOTE 4.50%
Nov. 15,2015 99 26/32 -11/32 4.52
30-YEAR NOTE 5.375%
Feb. 15, 2031 109 26/32 -19/32 4.69
LEHMAN BROS.
LONG BOND INDEX 1752.32 -6.47
DOW CLOSE 10809.47 +99.73 + .9
ADVANCES 2180
DECLINES 1169
NEW HIGHS 314
NEW LOWS 30
NET PERCENT
NYSE MOST ACTIVES 4PM CLOSE CHANGE CHANGE
LU Lucent Tech 2.62 +.10 +4.0
GE General Electric 33.01 +.25 +.8
PFE Pfizer 25.05 +.22 +.9
NOK Nokia 18.20 -.29 -1.6
F Ford Motor Co 8.67 +.15 +1.8
DIS Disney 25.08 -.36 -1.4
BMY Bristol Myers Sq 22.57 +.60 +2.7
TSM Taiwan Semi 10.48 +.66 +6.7
XOM Exxon Mobil 59.95 -.26 -.4
FDC First Data Corp 45.30 +2.30 +5.4
NASDAQ CLOSE 2283.00 + 22.35 + 1.0
VOLUME 2,487.2
PREVIOUS 2,252.3
ADVANCES 2077
DECLINES 959
NASDAQ ACTIVES
GOOG Google 434.27 +1.27 +.3
AAPL Apple Computer 72.33 -1.87 -2.5
AMGN Amgen 71.90 -3.57 -4.7
SNDK SanDisk 70.68 +.33 +.5
INTC Intel 21.49 +.28 +1.3
JNPR Juniper Networks 17.06 -4.46 -20.7
MSFT Microsoft 26.50 +.10 +.4
CSCO Cisco Systems 18.58 +.01 +.1
YHOO Yahoo! 35.17 +.68 +2.0
QCOM Qualcomm 47.50 -.08 -.2
AMEX CLOSE 1826.51 + .66 + .0
INDEX SHARES
DIA DIAMONDS TRUST 108.01 +.81 +.8
QQQ NASDAQ 100 41.55 +.29 +.7
SPY S&P DEP.RECEIPTS 127.39 +.73 +.6
STOCKS IN THE NEWS
CAT Caterpillar 65.17 +3.10 +5.0
HON Honeywell Intl 37.41 +1.35 +3.7
BSX Boston Scientific 23.15 -.39 -1.7
AMD Advanced Micro 40.41 +2.03 +5.3
SNE Sony 48.57 +5.28 +12.2
HAR Harman Intl Inds 112.90 +8.69 +8.3
CMG Chipotle Mexican 44.00 +22.00 +100.0
PLXS Plexus 30.79 +7.31 +31.1
IFIN Investors Finl 46.66 +8.63 +22.7
ALXN Alexion Pharm 26.40 +4.45 +20.3
SLW Silver Wheaton 6.80 +.62 +10.0
|