Filed under: Before the bell, Earnings reports, Rumors, Google (GOOG), Apple Inc (AAPL), Wal-Mart (WMT), General Motors (GM), McDonald’s (MCD), D.R.Horton (DHI), News Corp’B’ (NWS), Unilever ADR (UL)

Wal-Mart Stores Inc. (NYSE: WMT) will open its first in-store medical clinics under its own brand name, The Clinic at Wal-Mart, as a joint venture with local hospital systems in Atlanta, Dallas and Little Rock, Ark., starting in April.

Unilever (NYSE: UL) on Thursday reported a 65% drop in fourth-quarter net income to 721 million euros after selling its European frozen-food business. However, comparable sales growth showed a nice rise. Revenue at Unilever rose 2% to 9.89 billion euros and underlying sales growth was 6.1% during the quarter, with pricing contributing three percentage points to the underlying sales growth. Analysts had expected a profit of 693.5 million euros on sales of 9.95 billion euros.

D.R. Horton (NYSE: DHI) swung to a fiscal first-quarter loss of $128.8 million, or 41 cents a share, with revenue falling to $1.71 billion from $2.8 billion. The quarterly results included $245.5 million in charges. Shares are up nearly 1% in premarket trading.

TechCrunch is reporting this morning an unconfirmed rumor that either Google (NASDAQ: GOOG) or News Corp. (NYSE: NWS)’s MySpace is about to announce a big $1-1.5 billion acquisition in the social space. TechCrunch has come to a conclusion that the most likely candidate is Bebo. Again - unconfirmed rumor and Bebo is the speculation of the guys at TechCrunch.

Continue reading Before the bell: WMT, M, UL, DHI, GOOG, GM, MCD …

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This entry was posted on Thursday, February 7th, 2008 at 8:38 pm and is filed under Stocks Money News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.