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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Mar 23, 2010
Page
7
The service reports higher average federal income tax refunds this year compared with last. The Money Markets section notes the yield on the benchmark 10 year Treasury note fell, a change that tends to influence interest rates on various loans.
The fund follows Islamic rules avoiding gambling and lending. This strategy performed well in 2008 but lagged in the current bull market, limiting gains as markets rose.
Goldman Sachs analyst Matthew Fassler had rated OfficeMax buy in October but downgraded to neutral on Monday. He cites rising employee benefits costs and merit raises as pressure on future earnings though he praises cash generation and lifts the price target to 18.50. He notes a potential industry boost from eventual mergers but expects no quick move.
A compact readout lists selected stocks and values including HIG 27.63, HCN 46.26, HPQ 52.95, JPM 43.74, INTC 22.24, JNJ 65.10, IBM none, IMGN 7.53, KIM 15.79, JNS 14.15, KFT 29.73, LG 34.45, GO 1.46, PPR 6.05, HO 3267, HPT 23.61, BM 127.96, HL 5.42, GO 1.46, plus numbers such as 34188 and 510 indicating quantities or indexes, with scattered figures and codes.
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