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Morning Market Snapshot: June 6, 2011
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Morning Market Snapshot: June 6, 2011
Good Morning. It’s Monday, June 6, 2011. At this hour, U.S. equity futures are lower. Overseas, the Asian markets declined, while the European markets are down. TransCanada (NYSE:TRP) restarted its Keystone pipeline after U.S. government officials reversed their Friday decision barring the company from reopening the line. The 1,300-mile Keystone pipeline, which transports crude oil from Alberta to Cushing, OK, had been shut after leaking 10 barrels of oil in Kansas on May 29. Office Depot (NYSE:ODP) reports May sales below previous year, reaffirms EBIT guidance. GTx (NASDAQ:GTXI) announces agreement with FDA on Phase III Ostarine studies. Constellation Energy (NYSE:CEP) plans to reduce debt by $25M-$30M this year.
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Date Found: June 06, 2011
Date Produced: June 06, 2011
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