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U.S. Equity Preview: VRNT, RHT, PAYX, GOOG, BMR, IPHS, MHS, & FOSL

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Fossil Inc. (FOSL) : The watchmaker was picked by Standard & Poor’s to replace Medco Health Solutions Inc. (MHS) , which is being taken over, in the S&P 500 on a date to be announced.BioMed Realty Trust Inc. (BMR) will take Fossil’s place in the S&P MidCap 400 Index, whileInnophos Holdings Inc. (IPHS) will replace BioMed in the S&P SmallCap 600.

Google Inc. (GOOG) : The search-engine operator was rated buy in new coverage at ThinkEquity LLC with a price estimate of $714.

Paychex Inc. (PAYX) : The Rochester, New York-based payroll services company for small businesses reported third- quarter earnings that met analyst projections and reiterated its yearly forecast for net income to increase 5 percent to 7 percent, compared with analyst estimates for 7 percent.

Red Hat Inc. (RHT) : The software maker that specializes in the Linux operating system and other open-source programs’ fourth-quarter adjusted earnings and revenue that exceeded analyst forecasts, according to the average estimates in a Bloomberg survey. The company also said it approved a program to repurchase as much as $300 million of its stock.

Verint Systems Inc. (VRNT) : The maker of software that helps businesses analyze performance forecast first-quarter revenue of at least $860 million, beating the $858.5 million average estimate of two analysts surveyed by Bloomberg.

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