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TUESDAY SEPT 26  2006 CLICK     HERE TO SEE ECONOMIC         CALENDAR BELOW

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Standard & Poor's Announces Changes to U.S. Indices

S&P 500 + WUwi - ANDW
S&P400 + ANDW - CCMP
S&P 600 + CCMP - BFT Fri 9-29
S&P REIT + IRC - MVK Mon 10-02
Additionally, S&P 500 constituent Wendy's International Inc. (NYSE: WEN - News) is spinning off its 82.75% ownership stake in Tim Hortons Inc. (NYSE: THIwi - News) in a distribution expected to become effective after the close of trading on Friday, September 29. Wendy's will remain in the S&P 500
Stocks For Tuesday, Sept. 26

PMCS PAYX LEN JBL
ICSC-UBS Store Sales
 [Bullet] 7:45 ET 
Redbook
 [Bullet] 8:55 ET 
Consumer Confidence
 [Bullet] 10:00 ET
104.5 vs 105.0
TOP FINANCIAL NEWS
Former Enron CFO Fastow to be sentenced Tuesday
BUSINESS NEWS
Trading Up
 SIGA 87.8% (PharmAthene awarded $213 mln Department of Defense contract for advanced development of Protexia); EPCT +41.2% (Announces Successful Phase I Trial in Brain Cancer for Azixa (MPC6827) Conducted by Myriad Genetics); KFX +7.9% (announces shipment release to industrial customers); ANGO +5.5% (beats by $0.02; reaffirms FY07 guidance, issues quarterly guidance); LOW +1.1% (expects Y06 EPS to be at the low end of prior $2.00-2.07 guidance; Reuters consensus is $2.01)...  Trading Down
 MERX -15.7% (preliminary financial results for Q1 FY 2007; revs of $106 mln are above consensus; co expects Q1 EPS $0.19-0.21, vs. $0.30 consensus); INVX -11.5% (lowers Q4 rev guidance to $32 mln from $39-42 prior guidance, $39.84 mln consensus ); PMCS -10.4% (lowers Q3 rev guidance); RAI -1.3% (to appeal, ask for stay in "Lights" case); EYE -1.8% (lowers Y06 revs and Adj EPS Outlook; guides Q3 revs below consensus; reiterates Y07 EPS; narrows Y07 revs range to lower end)

.The U.S. is paying more to foreign creditors than it earns from investments abroad. As interest rates rise, consumers, business and government won't be able to spend or save more income, perhaps making it harder for the U.S. to prosper.wsj

INSIDE SCOOP 6:15 p.m.

Sales Draw Interest to Drew Industries 
by Naureen S. Malik

Insiders have sold $3.88 million in shares of the construction-parts and recreational-vehicle company, even as the stock has tumbled since July.

• MONDAY'S MOVERS 6:07 p.m.

• CHARTING THE MARKET TODAY 5:40 p.m.

• INVESTORS' SOAPBOX PM 3:11 p.m.

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By S&P technical analyst Paul Cherney

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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
Monday  Sep  25 
 
 

 
 

 
 
 
 

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

Redbook
 [Bullet] 8:55 ET 

Consumer Confidence
 [Bullet] 10:00 ET 

4-Week Bill Auction
[Bullet] 1:00 ET 

 
 
 

 
 

 


 
MBA Purchase Applications
 [Bullet] 7:00 ET 

Durable Goods Orders
 [Star] 8:30 ET 

New Home Sales
 [Bullet] 10:00 ET 

EIA Petroleum Status Report
 [Bullet] 10:30 ET 

2-Year Note Auction
[Bullet] 1:00 ET 

 
 
 

 
 

Weekly Bill Settlement

 
Corporate Profits
 [Bullet] 8:30 ET 

GDP
 [Star] 8:30 ET 

Jobless Claims
 [Bullet] 8:30 ET 

Help Wanted Index
 [Bullet] 10:00 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 

5-Year Note Auction
[Bullet] 1:00 ET 

Farm Prices
[Bullet] 3:00 ET 

Money Supply
[Bullet] 4:30 ET 

 
 
 

 
 

 
Personal Income and Outlays
 [Star] 8:30 ET 

Consumer Sentiment
 [Bullet] 9:45 ET 

NAPM-Chicago
 [Bullet] 10:00 ET 

 
Equity Settlement
09 -28 -2006
Equity Settlement
09 -29 -2006
Equity Settlement
10 -02 -2006
Equity Settlement
10 -03 -2006
Equity Settlement
10 -04 -2006

 

the market

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BUSINESS WEEK MARKET ANALYSIS

 By Paul Cherney

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     2. USA Today (money)
     3. The Washington Post (business)
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     5The Boston Globe (business)
     6Financial Times
     7Houston Chronicle (business)
     8The Seattle Times (business)
     9Chicago Tribune (business)
   10San Francisco Chronicle (business)