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      5 Must-Know Headlines on QuizRevolution


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      5 Must-Know Headlines

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      5 Must-Know Headlines
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      Wal-Mart beat exectations for Q1 -- why were its shares down 2%?
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      • Declining profit margins

      • Rising inventory levels as the economy slows

      • Slow international growth

      • Disappointing Q2 guidance

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      Comments:
      1. Wal-Mart beat exectations for Q1 -- why were its shares down 2%?
        1. Declining profit margins
        2. Rising inventory levels as the economy slows
        3. Slow international growth
        4. Disappointing Q2 guidance
        1. Inventories rose just 1% against a 10% rise in sales and international growth of 22% continues to be a driver. However, uncertainties about the impact of the economy on future results combined with EPS guidance of $0.78 - $0.81 per share vs consensus of $0.81 led the stock lower.
      2. Who agreed to acquire EDS for $13B?
        1. IBM
        2. HP
        3. Microsoft
        4. Lenovo
        1. Buying EDS vaults HP to the number-two position in global IT services, behind IBM (IBM), whom the deal obviously targets. The deal could spark a major round of tech industry consolidation. Last year, IBM controlled 7.2% of the tech services market, EDS was second at 3%, and HP was fifth at 2.3%.
      3. Which company is the new #1 U.S. internet destination by number of unique users?
        1. Facebook
        2. Google
        3. Yahoo
        4. MySpace
        1. Google (GOOG) overtook Yahoo (YHOO) as the #1 U.S. web destination in April, comScore says. Google's unique audience grew 18% to 141.1M, while Yahoo's grew 7% to 140.6M. Microsoft (MSFT) was third with 121M.
      4. What is the latest twist in the Yahoo acquisition saga?
        1. Jerry Yang, Yahoo's CEO may be stepping down
        2. Yahoo has approached Microsoft with a partnership offer
        3. Google is planning its own bid
        4. Carl Icahn is mounting a proxy battle to replace its board
        1. Mr. Icahn, who has told associates that he has bought as many as 50 million shares of Yahoo, is leaning toward trying to oust the entire board by proposing a slate of 10 candidates. He is moving ahead with the proxy fight in hopes of pushing Yahoo to restart talks to sell itself to Microsoft.
      5. Motorola's U.S. cellphone market share was 37.7% in Q1 2007. What was it in Q1 2008?
        1. 41%
        2. 33%
        3. 29%
        4. 25%
        1. Motorola Inc. may lose its No. 1 spot in U.S. mobile-phone sales this year as consumers abandon its handsets for more-advanced models, research firms IDC and Strategy Analytics said. Motorola's share of the U.S. market fell to 25 percent in the first quarter. South Korea's LG Electronics Co. and Samsung Electronics Co. each expanded their share to 21 percent.

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