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Deutsche Bank Reduces Acme Packet To ‘Hold’ On Near-Term Caution

Deutsche Bank (DB) slashed its rating and price target on Acme Packet Inc. (NASDAQ: APKT) on near-term caution after the networking equipment maker cut its full-year forecast. The company now sees non-GAAP earnings per share of $1.03 to $1.05 on revenue between $308 million and $310 million for 2011. DB analyst Brian Modoff moved down [...]

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Blackstone

(Corrects Grady

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AA is profitable, streamlined and ready to roll

When Alcoa (NYSE:AA) reported earnings in October, CEO Klaus Kleinfeld told investors,