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Monster Employment Index
6:00 ET
BOE Announcement
7:00 ET
ECB Announcement
7:45 ET
ECB raises benchmark rate to 3.5% from 3.25% -
Jobless Claims
8:30 ET
324K vs
325K
EIA Natural Gas Report
10:30 ET
Consumer Credit
3:00 ET
Money Supply
4:30 ET
TOP FINANCIAL NEWS
Oil Prices Rise Slightly in Asian
BUSINESS
NEWS
Bid talk propels Barclays shares higher: traders
Merck predicts approval of Vioxx successor
Fannie Mae Erases $6.3 Billion in Profit
News Corp-Liberty talks focus on DirecTV
Gallaher approached, Japan Tobacco likely bidder-source
Trading Up
MFRI +16.9%; GIII +15.5%; DLIA +11.0%; CWST
+7.5%; DDMX +3.0%...
Trading Down
LQDT -9.7%; ISSC-9.6%;
LQDT -9.0%; THRM -5.5%; UTI -1.6%...
Companies moving in reaction to news
Trading Up
GTW +7.0% (and investor group reach agreement to expand Board of
Directors); FARO +5.5% (vindicated by mistrial verdict in patent
infringement suit); TRCA +4.9% (confirms Jury finds Insmed
infringed patents owned by Genentech and exclusively licensed to Tercica);
RVI +4.5% (explores strategic alternatives for Value City
department stores); CPST +2.9% (announces Darren Jamison as
President and CEO); CBRL +1.9% (announces up to $350 mln
buyback); GPRO +1.0% (forms collaboration with 3M to develop
rapid molecular tests to enhance food safety)...
Trading Down
INSM -10.7% (patent litigation verdict announced; co was found
by a jury to have infringed on patents held by Genentech and Tercica);
TVIN -6.9% (announces Q3 restatement, eliminate approx $550,000
in revs); HD -1.2% (announces subcommittee concluded that there
was no intentional wrongdoing by any current member of the co's mgmt
team or its Board).
Pfizer Can Overcome Flop
Shares of the drug maker have
fallen sharply since safety concerns forced it to junk a
widely-awaited drug. But investors with a little
patience can be rewarded if they stick with the stock.
• CHARTING THE MARKET TODAY
5:28 p.m.
• INVESTORS' SOAPBOX PM
3:13 p.m.
• HOT RESEARCH PM
2:50 p.m.
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The World's Billionaires
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