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Market highlights for next week: Nortel, Adobe, Oracle to report

Monday March 19
  • Nortel Networks Corporation (NYSE: NT) to report Q4 earnings; conference call at 8:30am. Analysts will be focused on Nortel's Mobility enterprise solutions revenue, as well as new business opportunities and clients.
Tuesday March 20
  • Two well known technology companies to report -- Adobe Systems Inc's (NASDAQ: ADBE) Q1 conference call is at 5pm, Oracle Corporation's (NASDAQ: ORCL) Q3 conference call is at 5pm.
  • PDUFA Date for Alexion Pharmaceuticals Inc's (NASDAQ: ALXN) Solaris, a treatment for paroxysmal nocturnal hemoglobinuria, a rare blood disorder.
Wednesday March 21
  • The International Trade Commission will hold a public hearing on the Patent Infringement case between Broadcom Corporation (NASDAQ: BRCM) and Qualcomm Inc (NASDAQ: QCOM) at 9:30am.
  • Starbucks Corporation (NASDAQ: SBUX) will hold a shareholder meeting at 1pm in Seattle. Ferris Baker Watts believes the meeting will alleviate some concerns over a previously leaked internal memo written by CEO Howard Schultz that had a cautious tone.
Thursday March 22
  • Nike Inc (NYSE: NKE) to report Q3 earnings; conference call at 5pm. Along with performance by region [North America, Europe, Asia], and evaluation of pricing pressures, analysts will review Nike's revised Air Force One product performance –- deemed a catalyst for growth moving forward .
Friday March 23
  • Freddie Mac (NYSE: FRE) to report Q4 earnings; conference call at 8:30am.
  • Virginia District Court to hold injunction hearing between Vonage Holdings Corp (NYSE: VG) and Verizon Communications Inc (NYSE: VZ).

Symbol Lookup
IndexesChangePrice
DJIA-52.5310,238.73
NASDAQ-7.672,159.23
S&P 500-6.501,092.01

Last updated: November 12, 2009: 01:59 PM

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