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Stratex Networks Swings to 1Q Profit
SAN JOSE, Calif. — Shares of Stratex Networks Inc., which makes wireless transmission products, fell Thursday afternoon after the company swung to a profit for the first quarter of its 2007 fiscal year but reported disappointing margins.
Stratex Networks' stock fell 33 cents, or 9.3 percent, to close at $3.23 on the Nasdaq. The company's shares have traded between $2.14 and $6.58 in the past 52 weeks.
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Financing home improvements: Know your options
While it's fun to imagine how you'll use a new space in your home — a new master bathroom, a renovated kitchen or a spacious home office — figuring out how to pay for it is another matter entirely. Understanding the details of your financing options can help you make a decision that's as good for your pocketbook as the renovation is for your house.
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