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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (40588)1/8/2004 7:31:38 PM
From: Johnny Canuck  Read Replies (1) | Respond to of 69326
 
Thursday, January 8, 2004 4:34 PM ET
To: Harry Lew
From: Harry Lew

1:57PM Copper futures end at highest level since 1997 by Myra P. Saefong
SAN FRANCISCO (CBS.MW) -- March copper climbed 4.2 cents, or 3.9 percent, to close at $1.1085 per pound -- the highest closing level futures prices have seen since June 1997. Higher demand for industrial metals amid an economic recovery, as well as concerns over supplies, provided support for copper. February gold closed at $424.40 an ounce, up $2.10 for the session.
1:54PM GM says Q4 estimate 'reasonable,' gives 2004 target (GM) by August Cole
SAN FRANCISCO (CBS.MW) -- General Motors said Thursday that the current fourth-quarter 2003 earnings estimate of $1.22 a share is a "reasonable estimate." For 2004, the company forecasts a per-share profit in a range of $6 to $6.50, excluding items, ahead of the Reuters Research average analyst estimate of $5.66. GM also stands by a mid-decade profit target of $10 a share. GM (GM) stock rose 15 cents to $55.15.