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Stocks For Tuesday
ICSC-UBS Store Sales
7:45 ET
Redbook
8:55 ET
State Street Investor Confidence Index
10:00 ET
FOMC Minutes
2:00 ET
TOP FINANCIAL NEWS
General Motors to Cut 30,000 Jobs, Close Plants After Losing Market
Share
BUSINESS
NEWS
Berkshire Hathaway reveals stakes
Investors Offer to Buy National R.V.
PBY Pep Boys discloses 5% interest by investor group
Trading Up
ALOY +19.3% (reported Q3,
revs up 18% yoy); NTEC +17.7% (received milestone payment from
Novo Nordisk); CTRN +9.2% (beat by $0.13; issued upside FY05 and
FY06 guidance); ATRM +6.3% (receiveD over $6 mln in gravity feed
test handler orders); RUTH +0.9% (signed franchise agreement for
Japan); OSCI +0.9% (submitted sNDA to FDA for Five-Day treatment
of new indications for FACTIVE Tablets); WDC +0.9% (to repurchase
an additional $150 mln shares; appointed Exec VP John Coyne to the
position of C.O.O.)...
Mentioned on Mad Money:
MTXX +11.2%, UPS +1.5%, FDX +0.8%...
Trading Down:
MTSC -4.5% (reported Q4); NANO -2.6% (missed by
$0.07); RJET -1.8% (filed 9.2 mln share registration statement);
AGIL -1.7% (Q2 beat by $0.01, revs below consensus); DY
-1.6% (beat by $0.03, guided Q2 below expectations); CYBX -1.4%
(reported $0.01 better than consensus; guided Y06 Revs below consensus)
Some insiders at Ruth's Chris
Steakhouse are demonstrating that the restaurant chain
still has bite.
• GETTING TECHNICAL
4:16 p.m.
• CHARTING THE MARKET TODAY
5:01 p.m.
• MONDAY'S MOVERS
6:13 p.m.
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Cherney on the Markets
By S&P technical analyst Paul
Cherney
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