NEW YORK, April 26 /PRNewswire/ -- Read the following articles exclusively at S&P Personal Wealth (http://www.personalwealth.com/). Standard & Poor's is a division of the McGraw-Hill Companies:
"S&P's Call on AT&T Wireless IPO: Buy" http://www.personalwealth.com/story/doc.html?id=2718005 The initial offering of the tracking stock of AT&T Wireless Group (NYSE:AWE) , expected some time this week, will rank as the largest IPO in U.S. history. The Wireless Group tracking stock reflects the performance of wireless businesses of AT&T Corp. (NYSE:T) , predominantly its domestic cellular and PCS voice and data businesses, networks, and licenses in the 850 and 1900 megahertz portion of the radio spectrum. It also includes certain foreign assets. Find out why S&P IPO Analyst Mark Basham thinks the stock is worth owning in the latest New Issue Focus. "Ingram Micro Retools for the Net" http://www.personalwealth.com/story/doc.html?id=2724515 Try telling Ingram Micro (NYSE:IM) CEO Kent Foster he can't teach an old dog new tricks. The newly appointed chief executive of the world's largest -- and oldest -- wholesaler of technology products and services has been on board just eight weeks, but he's already changing the way things are done at Ingram Micro, and none too soon. The company suffered a 25% drop in profits last year despite a red-hot economy, missing its earnings estimates for three out of four quarters in 1999. Foster's immediate concern: making sure the stock doesn't get hammered in after-hours trading on Apr. 26. Ingram is set to announce first-quarter earnings after the market closes on that date. Make no mistake -- Ingram Micro has little room to falter. "March Durable Goods Orders Rise a Strong 2.6%" http://www.personalwealth.com/story/doc.html?id=2724693 S&P MMS reports that March durable goods orders rose 2.6% and shipments increased 1.5%. Overall, strength in the report was fairly broad-based, which suggests that the durable manufacturing sector continues to post a healthy level of activity. Most of the orders components rose on the month, with a 9.7% jump in electrical equipment leading the way. Both February orders and shipments were upwardly revised. February orders were revised to a 2.0% decline from a previously reported 2.7% drop, while February shipments were revised to a 1.4% decrease from a previously reported 1.9% decline.
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Source: Standard & Poor's
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