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Morning Market Snapshot: February 10th, 2011

Financial News Network
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February 20, 2011 AT 7:35 PM
Good Morning. It's Thursday, February 10, 2011. At this hour, U.S. equity futures are down. Overseas, the Asian markets declined, while the European markets are lower. Rio Tinto (RIO) extended the offer period for its takeover bid for all of the shares in Riversdale Mining Limited by a period of 14 days to 7 pm, Sydney, Australia time, March 4...Activision Blizzard (ATVI) to close unit in charge of Guitar Hero...Pratt & Whitney, a United Technologies (UTX) company, and All Nippon Airways announced the signing of a 10-year part repair and material management agreement valued at more than $1B...Whole Foods (WFMI) says Canadian business has $1B sales potential...GSI Commerce (GSIC) to acquire Fanatics , an online retailer of licensed sports merchandise. The transaction is valued at about $277M, including $171M of cash and $106M of GSI common stock