Tuesday, May 22, 2007

Toppy and a Bit Sloppy

I'm a little tight on time tonight, so Marketwatch will do the honors of recapping the markets for today: Stock rally takes breather.

After the bell Alcan said, NO: Alcan rejects takeover by Alcoa, but says its in talks with third parites; stock takes off after hours.

Medtronic (MDT) - I stuck with it and they didn't guide lower. They generalized their guidance to say their "comfortable" with fiscal '08 consensus estimates of double digit revenue growth. Management added that profit growth would grow at a faster pace. At last check the stock was up more than 3%.

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