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Stocks For Wednesday, Aug. 23
MDT BGP CHS TECD CWTR
MBA Purchase Applications
![[Bullet]](../../../images/bullet.gif) 7:00 ET
Existing Home Sales
![[Report]](../../../consensus_butt.gif) 10:00 ET
6.550M
EIA Petroleum Status Report
10:30 ET
TOP FINANCIAL NEWS
California to raise minimum wage to highest in US
BUSINESS
NEWS
Trading Up
MDT +1.7%...
Trading Down
APSG -13.0%; KTCC -11.9%;
BGP -6.6%; BRLC -2.4%...
Companies moving in reaction to news:
Trading Up
SYNX +24.0% (announces new $2.5 mln contract); YMI +17.1%
(today announces independent Data Safety Monitoring Board recommends
tesmilifene pivotal trial continue as planned); CPWR +3.4%
(announces $300 mln stock repurchase program)...
Trading Down
KYPH -5.0% (announces Investor and Analyst Meeting); NSM
-3.1% (announces it is lowering its revenue outlook for the first
quarter of fiscal 2007); THRX -1.1% (announces positive Phase III
Telavancin results).
PARAMOUNT WILL END its studio deal with Tom Cruise, Viacom
Chairman Sumner Redstone said, citing the actor's promotion of
Scientology and other controversies. 9:51
p.m.WSJ
Warming Again to BP Amid Alaska Woes
by Dimitra DeFotis
Shares of the energy giant look
reasonably priced, especially considering that Alaska is
less than 3% of BP's global production.
• CHARTING THE MARKET TODAY
4:51 p.m.
• ELECTRONIC Q&A
4:00 p.m.
• INVESTORS' SOAPBOX PM
3:08 p.m.
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The World's Billionaires
Cherney on the Markets
By S&P technical analyst Paul
Cherney
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