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Free Markets Rises to Beat Street

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B2B company FreeMarkets (FMKT) was up 8.1% in preopen Island trading. The company after Monday's close posted a third-quarter loss of 33 cents, beating the First Call/Thomson Financial estimate of a 42-cent loss.

The company lost 35 cents per share in the year-ago period. FreeMarkets said it would break even two quarters ahead of schedule.

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