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Ahead Of The Fed

Posted on June 23, 2008

Good morning. M&A dealmaking between Bunge (BG) & Corn Products (CPO) and Republic Services (RSG) & Allied Waste (AW) have created a positive bias. In addition, oil prices are higher in spite of a promise by Saudi Arabia to boost supply over the weekend. Premarket gainers: CPO, ONXX, GTCB, BQI, CMOS, DMRC, BCE, NCOC, ROYL, VNDA, IPI, BG, GLW, CSIQ, FSLR, ESLR, CME, JRCC, FWLT, NGAS, RIMM, SIRI, MRVL, & SOHU. Premarket losers: JBHT, DELL, AMLN, CRVL, ACOR, UAUA, SQNM, RBS, MOT, CCL, GFI, RTP, & MPEL. Tomorrow the FOMC meeting begins with an interest rate decision due out at 2:15 Wednesday af...

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