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06:17 ET  i2 Tech earnings color (ITWO) : -Update- Reuters is telling us that, excluding the Gain on sale of securities ($11 mln) and restructuring benefit ($0.2 mln) offset by the Legal Expenses ($1.4 mln), actual earnings of $1.18 per share is comparable to analysts' estimates, meaning i2 beat analyst's $(0.23) estimate by $1.41... see 17:48 comment for full earnings report. 06:17 ET  I2 Technologies conference call details (ITWO) 13.00 -0.03:Analysts offer praise and congratulations for ITWO management on call. Analysts said they are IMPRESSED with what new CEO has accomplished; they want to know how long he'll stick around -- CEO says he's just getting started at the co, says he's " having a lot of fun ." Several wanted to know how ITWO plans to cut debt; co says it has a multi-pronged plan, will continue to look at non-core businesses it can sell, licensing opportunities for upfront cash, potentially more equity investment, and some longer-te...

Stock Brief Updated: 28-Jul-05 Small Cap Profile: Wabtec (WAB) [BRIEFING.COM -- Robert J. Reid] Railroad stocks are hot these days. Demand for coal continues to surge, which in turn drives demand to transport the coal via rail. Railroad stocks are posting nice gains, prompting many to upgrade and build their fleet and infrastructure. Wabtec (WAB) is one of the world's largest providers of equipment and services for the rail industry and has a 50% market share for braking equipment. If you have any ideas, comments, or questions, please email rreid@briefing.com. Key Points Wabtec (WAB 23.33 +0.07) is one of the world's largest providers of equipment and services for the rail industry. Background: Products include brakes, draft gears, couplers, air compressors, railway electronics (event recorders, control and monitoring equipment, and end of train devices), friction products, door assemblies, heat exchangers/cooling systems etc. Dominant Market Share: The co bel...

Exxon Mobil (XOM) 59.50: If you ask Exxon Mobil where it thinks oil prices are going, it would say, "we have no idea ." What does this tell us? No one knows where oil prices are heading. Considering the tightness in the market and political uncertainties in Iraq, Iran, Venezuela, and Nigeria, most believe prices are likely to remain at elevated levels. The current contention in the futures market is that the downside risk for the near-term is the mid-50's level. One only needs to look at the economics of the oil markets to understand why prices have remained at these levels. By year end, demand is expected to be roughly 86 mln barrels per day, while supply is expected to be 83 mln barrels per day, barring any unforeseen event on either side of the equation. Getting back to those Exxon folks, the largest company by market cap reported its second quarter results before the bell. Expectations were high going into the report with analysts continually raising expectations....

Jul28 - Phelps Dodge (PD) 108.00 unch: Stalwart copper fundamentals remained intact during Q2 as growth and demand, out of China, with low inventory levels, resulted in record copper prices. This bull environ is making soaring profits for copper producers. Phelps Dodge, world's second largest copper producer / recommended holding in Briefing.com's Active Portfolio Net income grew to $682.3 mln, or $6.75 per share, up from $226.6 mln, or $2.30 per share last year. Stripping out numerous one-time items, earnings were $4.52 per share, nearly a quarter ahead of expectations, although assisted by a lower tax rate. On the top line, revenues rose 30.3% year/year to $2.15 bln driven virtually all by price. Prices averaged $1.532 per pound on the COMEX in Q2 compared to $1.234 in 2004 and $1.468 in Q1. Molybdenum prices averaged $35.27 per pound compared to $14.57 last year and $31.31 in Q1. With the year expected to end in a deficit of roughly 150,000 metric tons, according to the com...