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The infers rangers ballpark in arlington Nasdaq's 12-day understand winning streak was its longestunbroken run since 1992 All three major U.S. stock indexes scored a secondstraight weekly advance, with the Dow rising 4 percent, theS&P 500 gaining 4.1 percent and the Nasdaq climbing 4.2percent. Butthe Nasdaq Composite Index .IXIC shed 7.64 points, or 0.39percent, to 1,965.96 Microsoft was the top drag on both the Dow and the Nasdaq Amazon was the Nasdaq's second-worst performer. The Standard & Poor's 500 Index.SPX advanced 2.97 points, or 0.30 percent, to 979.26.
equity group atDeutsche Bank Private Wealth Management in New York hotels near rangers ballpark in arlington . "We are not probably going to see a major shift here inthe negative direction, so it's probably going to be overallpositive for earnings season." The Dow Jones industrial average .DJI rose 23.95 points,or 0.26 percent, to 9,093.24 . "Microsoft is going through a product transition and nogreat visibility on the Windows franchise, but in general, thetone this quarter for a good many companies has been strong,"said Owen Fitzpatrick, head of the U.S . Even so, investors took Wall Street's initial drop onFriday as an opportunity to scoop up shares in other sectors,including energy and defensive plays such as bigpharmaceuticals and utilities . The results cast a cloud over what is so far shaping up tobe a stronger-than-expected second-quarter earnings season. Microsoft shares slid 8.3 percent to $23.45, a day afterthe software maker posted quarterly revenue below WallStreet's estimates. Web retailer Amazon Inc (AMZN.O) alsomissed sales expectations, sending its stock down 7.9 percentto $86.49.
(Repeats to center byline) Stocks | Bonds | France * Microsoft, Amazon hit Nasdaq after revenue misses * Pharmaceutical, energy shares lift Dow, S&P 500 * Dow, S&P 500 up 0.3 pct; Nasdaq off 0.4 pct * For up-to-the-minute market news click [STXNEWS/US](Updates to close) By Ellis Mnyandu NEW YORK, July 24 (Reuters) - The Nasdaq fell on Friday,halting a 12-day run-up, following Microsoft Corp's (MSFT.O)disappointing quarterly results, but gains in pharmaceuticaland energy shares lifted the Dow and the S&P 500 to fresh8-month closing highs ballpark at arlington . The 2006 LBO was financed mainly through a multi-currencybond deal that totaled around $5.7 billion, or 4.5 billioneuros and a roughly 500 million euro revolving creditfacility.(Reporting by Tom Ryan additional reporting by AaronGray-Block in Amsterdam; editing by Andre Grenon) Stocks Bonds . [ID:nWNA9656] NXP was spun off from Amsterdam-based Philips Electronics(PHG.AS) in 2006 in a leveraged buyout, or LBO, to a privateequity consortium led by KKR [KKR.UL] Philips still has astake in NXP of about 20 percent . S&P considers distressed debt exchanges astechnical defaults, or credit events .
S&P reduced its rating earlier this week on NXP's securedand unsecured notes to CC, or 10 notches into junk territory,with a negative outlook, saying NXP's capital structure andfinancial risk profile is still "highly leveraged." The negative outlook has been removed arlington ballpark . Struggling with the industry-wide downturn, NXP said itreduced debt in the second quarter by $517 million in a bondexchange offer, while debt was further reduced early in thethird-quarter by $744 million in various other transactions.For details, double-click on [ID:nLO727814] . Standard & Poor's downgraded the company two notches to D,or default, as it views NXP's bond exchange as a distresseddebt exchange . NXP said its second-quarter profit was due to gains from adebt exchange and said it is making good progress towards beingable to support a debt load that will come due in a few years . logo is available at http:// One, Inc.Media ContactRobin J Lampe785.856.9350Investor ContactDarius G Nevin785.856.9368.
NEW YORK, July 24 (Reuters) - Bonds issued by Dutchchipmaker NXP BV NXP.BV rallied on Friday after the companysaid it swung to a second-quarter profit and shrugged off aratings downgrade ameriquest field arlington . Stocks | Bonds The Amsterdam-based company's 7.875 percent bonds due in2014 firmed over 10 cents on the dollar to 60.25 cents, whileits 9.5 percent bonds due in 2015 gained 3 cents to trade at 43cents, according to high yield bond research firm, KDPInvestment Advisors in Montpellier, Vermont . The company also owns the nation's largest provider of wholesalemonitoring services, the combined operations of CMS and Criticom International.For more information about Protection One, visit (PONENR)The Protection One, Inc . Network Multifamily, Protection One'swholly owned subsidiary, is the largest security provider to the multifamilyhousing market . A live webcast also will be available at webcast replay will be available shortly after the call at.
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