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Bristol-Myers Squibb Closed Monday At New High For Year
11/24/2009 8:46 AM ET

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Bristol-Myers Squibb Q4 Profit Surges - Quick Facts
Bristol-Myers Q4 09 Earnings Conference Call At 10:30 AM ET

Trade BMY now with
(RTTNews) - Bristol-Myers Squibb (BMY: News ) posted early gains Monday and climbed for the bulk of the afternoon. The stock finished higher by $0.59 at $25.05.

Bristol-Myers Squibb has been on an upward trend since early November and closed Monday at a new high for the year. The company announced after the close Friday that it received FDA approval for the supplemental New Drug Application for ABILIFY, for the treatment of irritability associated with autistic disorder in pediatric patients ages 6 to 17 years.

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Today's Stocks to Watch
PSOF - Pansoft Company Limited
RBCN - RUBICON TECHNOLOGY,
NTUR.OB - Natural Blue Resources, Inc.
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MKTX - MARKETAXESS HOLDINGS INC

Hopes of Diffusion of European Debt Crisis May Lead to Some Bargain Hunting
The major U.S. index futures are pointing to a higher opening on Tuesday, with European debt concerns receding following indications from European Commission officials that they may step in to save Greece from getting mired in the debt crisis. Commodity prices are extending their gains and this coupled with the oversold levels of the markets may support a bounce back. Given the fact that the wholesale inventories report to be released after the markets close is not market moving, the markets may derive support from hopes that the economic revival may not lose steam despite the surrounding uncertainty.

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