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New Deal - SFA/CSCO - Terms: 1 SFA = $43 cash. - Deal is worth $6.9B and offers a small premium after SFA shares have run up on speculation of a deal over the past month. Deal is expected to close in Cisco's fiscal 3rd qtr. Conf call: 8:30 ET (888) 946 - 6308.

New Proposed Deal - JILL/LIZ - Terms: 1 JILL = $18 cash - LIZ offered to buy JILL for $18 a share or $366M, a 40% premium. JILL has rejected the bid and said the board would not consider an offer until Dec. 5th

WSJ: Cisco nears Scientific-Atlanta (SFA) deal for $6.6 bln... Alltell (AT) to acquire Midwest Wireless for $1.08 bln... Machinists strike prompts Boeing (BA) to delay satellite Deployments... Motorola (MOT) marketing chief dies... Liz Claiborne (LIZ) makes a play for J. Jill Group (JILL). Financial Times:  Bank of Taiwan to merge with Central Trust of China... FDA prepares Tamiflu probe.  Barron's:  Yum! Brands (YUM) sees insider selling... Some companies with strong cash flow and reasonable multiples could sell out to private equity.  Names mentioned include TYC, POM, LNT, PCG, CTL, IP, MU, CSC and X.

Cherney on the Markets
By S&P technical analyst Paul Cherney

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                  Economic Statistics 

ESBR Employment Income International Money Output Prices Production Transportation SSBR
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
Monday  Nov  14 
 
 

 
 

 
4-Week Bill Announcement
 [Bullet] 11:00 ET 

3-Month Bill Auction
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6-Month Bill Auction
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3, 5 and 10 Year Note Settlement

 
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 [Bullet] 7:45 ET 

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 [Bullet] 8:30 ET 

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 [Bullet] 8:55 ET 

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Weekly Bill Settlement

 
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 [Star] 8:30 ET 

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 [Bullet] 8:30 ET 

Industrial Production
 [Star] 9:15 ET 

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Money Supply
[Bullet] 4:30 ET 

 
 
 
 

 
 
Equity Settlement
11 -17 -2005
Equity Settlement
11 -18 -2005
Equity Settlement
11 -21 -2005
Equity Settlement
11 -22 -2005
Equity Settlement
11 -23 -2005

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