Gm Chrysler Merger Talks Reported
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Analogic (ALOG_), a provider of medical imaging and aviation security technology, reported third-quarter earnings of 54 cents a share, beating the average analyst estimate of 44 cents a share.
In November 2005, venture firm Sequoia Capital invested an initial $3.5 million;additionally, Roelof Botha, partner with the firm and former CFO of PayPal, joined the YouTube board of administrators. In April 2006, Sequoia and Artis Capital Management put an additional $8 million into the company, who had experienced huge popular growth within its first several months.
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Trading got a 'ho hum' absolutely no major news bulletins. Investors were looking ahead to corporate earnings later this week. The Dow was actually stuck from a 35-point range all day. A pair of earnings reports from Intel Corp. and CSX Corp. could provide further insight in the health for this economy if it's released after the closing bell today. Intel has warned about a revenue shortfall.
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