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AFTER THE CLOSE.(TO THE POINT)
PIXAR cut its Q2 profit outlook from 15 cents a share to 10 cents, citing a need to be "more cautious" about home video sales in the wake of Dreamworks' plummet upon overestimating home video sales and saying recent sales data were below Disney forecasts. Shares plunged.
UNOCAL, target of 2 buyout bids, steered its Q2 outlook above views of $1.37 to $1.65-$1.70 a share ex items. Shares rose.
SHURGARD, which manages self-storage properties, acquired the remaining 12.77% stake in Shurgard ...
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