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Morning Market Snapshot: January 26th, 2011

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Uploaded on Jan 26, 2011

At this hour, U.S. equity futures are up. Overseas, the Asian markets advanced, while the European markets are higher.

Yahoo (YHOO) said it will be disciplined about share repurchases going forward. The company sees Alibaba investment delivering results and is looking to hire more staff in 2011.

Norfolk Southern (NSC) sees strong FY11 growth in coal and intermodal. Gilead (GILD) announced an additional three-year, $5B stock repurchase program after receiving a "refuse to file" notification from FDA for its Truvada application. AngioDynamics (ANGO) received an FDA warning letter over NanoKnife promotional activities...Rollins (ROL) increases dividend by 16.7% to 7c...finally, National Instruments (NATI) has declared 3-for-2 stock split and increases cash dividend to 15c.

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