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by 2/20/2001 10:21 AM
Stocks quoted in this article:
Northwest Airlines (NWAC 22) has lost its chief executive to Burger King. John Dasburg leaves after heading NWAC for 10 years. He will be replaced by Richard Anderson as CEO and Douglas Steenland as president. NWAC shares are taking the transition in stride, as they have been trading slightly higher than Friday's close, so far this morning.
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by 2/20/2001 9:59 AM
Stocks quoted in this article:
Gilead Sciences (GILD - 71-1/4) has announced positive results from the completion of Phase III studies for a new anti-HIV drug that needs only to be taken once a day. The study met desired standards for efficacy and safety. Detailed results will be presented at a conference later in the year.

The shares of GILD gapped up at the open in response to the good news and so far, the stock has continued to trade upwards of Friday's close.
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by 2/20/2001 9:57 AM
Stocks quoted in this article:
RGS Energy (RGS 36.46) gapped higher today, setting a new high after announcing that they were to be acquired by East Energy (EAS 17.95) for $1.4 billion. The companies expect to complete the acquisition within the year after gaining approval from the Public Service Commission. Following the merger, the energy provider will be serving nearly three million people in the New England area. The stock is currently up more than 10 percent.

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by 2/20/2001 9:36 AM
Stocks quoted in this article:
The Morgan Stanley Consumer Index (CMR - 582.28) is currently experiencing a period of indecision. Late last year the group rallied to a new all-time high. However, in subsequent weeks the CMR pulled back to test the 575 level. The 575 area acted as resistance for the CMR on numerous occasions in 1999 and last November just prior to its burst to new highs. So far this year, every weekly close of the CMR has been north of the key 575 level. In addition, the rising 20-week moving average now stands at this level. <
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by 2/20/2001 9:32 AM
Stocks quoted in this article:
A trio of puts were active on XO Communications (XOXO - 18-3/16), last Friday. It appears that speculators were rolling out of positions in the February 20 put in favor of the March 15 and March 20 puts. The March 15 and March 20 puts each saw volume of just over 7,000 contracts. The shares have been mired in a long-term downtrend that has found resistance from the 20-week moving average. The stock has only managed three weekly closes above this trendline since last April.
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