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Standard
& Poor's Announces Change to U.S. Index
S&P 400 + PALM - ANT
Stocks For Thursday, June 8
HRB BMC NSM TXN
BOE Announcement
7:00 ET
ECB Announcement
7:45 ET
Jobless Claims
8:30 ET
325K
Wholesale Trade
10:00 ET
EIA Natural Gas Report
10:30 ET
TOP FINANCIAL NEWS
Dollar extends winning streak on rate hike talk
Greenspan warns on oil prices
BUSINESS
NEWS
Peru
Copper announces request for trading halt
USA
Mobility Declares Special Distribution, Returning Cash to Shareholders
Trading Up
EONC +12.5%; DMND +3.6%; COOL +1.3%...
Trading Down
JOSB -16.6%; FNSR -10.5%; BMC -1.6%...
Companies moving in reaction to news:
Trading Up
NVLS +5.4% (raises guidance on the
conference call); PALM +5.3% (will replace Anteon International
Corp. (ANT) in the S&P MidCap 400 after the close of trading on
Thursday, June 8.); ABBI +2.9% (Receives Approval in Canada for
ABRAXANE to Treat Metastatic Breast Cancer Including First-Line
Disease); FBN +2.6% (reaffirms Q2 outlook); DUSA +1.4%
(files for 2.4 mln share offering by selling shareholders)...
Trading Down
EGLS -13.5% (lowers Q4 rev guidance to $13-14 mln vs $14-16 mln
prior guidance); XLNX -1.2% (receievs shareholder deriavative
complaint).
Scandal-Scarred Tech Co. Has Promise
by Tiernan Ray
An SEC inquiry into possible
options backdating at many companies may have unfairly
snared Jabil Circuit, a leading contract electronics
manufacturer. Once this cloud passes, the stock should
rebound.
• CHARTING THE MARKET TODAY
5:14 p.m.
• INVESTORS' SOAPBOX PM
3:06 p.m.
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