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TUESDAY  MARCH 7 2006 CLICK     HERE TO SEE ECONOMIC         CALENDAR BELOW

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Standard & Poor's Announces Changes to U.S. Indices
S&P 600 + VTIV - SRNA Thur Mar 9 
S&P REIT + BMR - CNT Wed Mar 8 ?
Stocks For Tuesday
TXN BIIB ELN MYOG GSK NVS XLNX  
ICSC-UBS Store Sales
 [Bullet] 7:45 ET 
Productivity and Costs
[Yellow] 8:30 ET
|Productivity-rev -0.5% vs -0.1% consensus
Unit labor costs 3.0%
Redbook
 [Bullet] 8:55 ET 
Bank of Canada Announcement
 [Bullet] 9:00 ET 
Consumer Credit
 [Bullet] 3:00 ET
$5.0Bln
TOP FINANCIAL NEWS
Fourth-quarter productivity revised to -0.5 pct
US Stocks Slide for Third Day, Year's Longest Losing Streak
BUSINESS NEWS
Public Storage to buy Shurgard in $3.2 bln deal
THE DOW INDUSTRIALS FELL
63 points to 10958.59 after the 10-year Treasury yield hit its highest level since June 2004. 
Trading Up
MMUS
+13.1% (LaunchEquity Partners files SC 13D disclosing 10.2% stake); OPTC +10.3% (reported Q4); PSPT +5.6% (beat by $0.05, guided for Q1); NGPS +4.5% (beat by $0.16, revs in-line); VTIV +3.2% (added to the S&P smallcap 600); CVC +3.1% (announced $3 bln special dividend); NAVR +2.8% (announced exclusive distribution agreement with Bold Games); RIO +1.3% (reported Y05); AMSWA +1.2% (reported Q3 EPS); MCHP +1.1% (raised revenue and EPS guidance for Q4) Mentioned on Mad Money:
NHWK
+7.6%, ATHR +5.1%, THS +2.7%... 
Trading Down
MYOG
-10.8% (reported Y05; GSK and Co announced pulmonary arterial hypertension partnership); OVEN -7.5% (reportsd Q4 earnings); CMGI -7.2% (reported Q3 EPS); LGTY -4.0% (reported JanQ sales up 41%); TXN -2.9% (guided Q1 EPS and revs in line with consensus); RMTR -2.5% (revised Q4 results; Customer files bankruptcy leading to provision for bad debt ); DCGN -2.4% (reported Q4 results below consensus); ALTR -2.3% (announced mid-qtr update; reaffirmed Q1 sales growth of 4-7% sequentially, announced CFO retirement)

INSIDE SCOOP 5:37 p.m.

CEO Puts Down Stakes in Home Builder WCI 

by Fei Mei Chan

Amid fears of a slowdown in housing, the luxury home builder's shares have been pummeled, but the CEO's $2 million open-market purchase may indicate that the pessimism is overblown.

• GETTING TECHNICAL 4:39 p.m.

• MONDAY'S MOVERS 6:23 p.m.

• CHARTING THE MARKET TODAY 5:18 p.m.

• INVESTORS' SOAPBOX PM 2:57 p.m.

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

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AM Market Call

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inside wall streET

AMZN     TXN     SYT

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                       2006 U.S. Economic Events & Analysis

                  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 31
Monday  Mar  6 
 
 

 
 

 
Factory Orders
 [Bullet] 10:00 ET 

Pending Home Sales Index
 [Bullet] 10:00 ET 

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

10-Year Note Announcement
[Bullet] 11:00 ET 

3-Month Bill Auction
[Bullet] 1:00 ET 

6-Month Bill Auction
[Bullet] 1:00 ET 

Treasury STRIPS
[Bullet] 3:00 ET 

 
 
 
 

 
ICSC-UBS Store Sales
 [Bullet] 7:45 ET 

Productivity and Costs  [Yellow] 8:30 ET 

Redbook
 [Bullet] 8:55 ET 

Bank of Canada Announcement
 [Bullet] 9:00 ET 

4-Week Bill Auction
[Bullet] 1:00 ET 

Consumer Credit
 [Bullet] 3:00 ET 

 
 
 

 
 

 
 
 

 
 

Weekly Bill Settlement

 
Monster Employment Index
 [Bullet] 6:00 ET 

BOE Announcement
 [Bullet] 7:00 ET 

International Trade
 [Star] 8:30 ET 

Jobless Claims
 [Bullet] 8:30 ET 

EIA Natural Gas Report
 [Bullet] 10:30 ET 

3-Month Bill Announcement
[Bullet] 11:00 ET 

6-Month Bill Announcement
[Bullet] 11:00 ET 

10-Year Note Auction
[Bullet] 1:00 ET 

Money Supply
[Bullet] 4:30 ET 

 
 
 
 

 
Employment Situation
 [Star] 8:30 ET 

Wholesale Trade
 [Bullet] 10:00 ET 

Treasury Budget
 [Bullet] 2:00 ET 

 
Equity Settlement
03 -09 -2006
Equity Settlement
03 -10 -2006
Equity Settlement
03 -13 -2006
Equity Settlement
03 -14 -2006
Equity Settlement
03 -15 -2006

 

the market

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BUSINESS WEEK MARKET ANALYSIS

 By Paul Cherney

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