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  • Stocks to Know About Today | ITMN | SMOD | MA | V |

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    Friday Dec. 17, 2010, 11:11 am EST
     
    Stocks to Know about Today - ITMN, SMOD, MA, V
     
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    ITMN - InterMune Inc. (NASDAQ:ITMN)
    InterMune, Inc. announced that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) has adopted a positive opinion recommending the granting of a marketing authorization for Esbriet (pirfenidone) in adults for the treatment of mild to moderate idiopathic pulmonary fibrosis (IPF), a progressive and fatal lung disease. Shares gained more than 130% Friday morning.
     
    SMOD-SMART Modular Technologies (WWH), Inc. (NASDAQ:SMOD)
    SMART Modular Technologies (NASDAQ:SMOD) shares dropped more than 15% in regular hours trading Friday morning after the company said it expects second quarter earnings of $0.09 to $0.11 per share on revenue of $165.0 million to $185.0 million compared to expectations of $0.17 per share on revenue of $202.1 million for the quarter ending February 28, 2011.
    MA- MasterCard Incorporated (NYSE:MA)
    MasterCard Incorporated (NYSE:MA) is stable on Friday after dropping 10.32% on Thursday on news that the Federal Reserve may move to restrict fees companies collect from debit card users. The Fed said it is in the process of deciding whether the fees charged by card companies from retailers are reasonable or not. This will impact largely to MasterCard's revenues.
     

    V- Visa Inc. (NYSE:V)
    Visa Inc. (NYSE:V) shares are also steady after heavy losses on Thursday. Shares of Visa Inc. (NYSE:V) dropped 12.67% in regular hours on Thursday on the same concerns that are haunting Mastercard. According to Fed, Average interchange fee for all debit transactions was approx. 44 cents each. Fed might reduce the fee up to as low as 7 or 12 cents per transaction.
     

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