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THURSDAY DECEMBER 21  2006 CLICK     HERE TO SEE ECONOMIC         CALENDAR BELOW

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

S&P 500 + SEwi - PMTC Fri Dec 29
S&P 400 +PMTC - PIR Fri Dec 29
S&P 600 + MOV - CNCT tba
Corporate Profits
 [Bullet] 8:30 ET 
GDP
 [Star] 8:30 ET 
Real GDP 2.0% GDP price index 1.9%
Jobless Claims
 [Bullet] 8:30 ET 
315K
Leading Indicators
 [Bullet] 10:00 ET
Leading Indicators +0.1% vs +0.1% consensus 
EIA Natural Gas Report
 [Bullet] 10:30 ET 
Philadelphia Fed Survey
 [Bullet] 12:00 ET
Philadelphia Fed -4.3 vs 4.0 consensus
TOP FINANCIAL NEWS
Bush Signs Law Changing Postal Operation
BUSINESS NEWS
Huntington HBAN to Acquire Sky Financial SKYF
Nike 2Q Profit Up 8 Pct. on Sales Gains
Hedge fund Highland
intends to present a $4.7 billion capitalization plan to Delphi's board, countering a rival proposal from an Appaloosa-Cerberus groupWSJ
Trading Up
APOG
+5.5%; MLHR +3.0%; ACN +2.2%; PAYX +2.1%; FINL +1.6%; HEI +1.5%... 
Trading Down
IAAC
-25.8%; RFMI -10.2%; BBBY -2.8%; NKE -1.4%... 
Companies moving in reaction to news:
Trading Up
SYNX
+42.3% (announces new transit contract); ABMD +9.7% (Announces FDA 510(k) Clearance for New Intra-Aortic Balloon and Development of Integrated Console, the iPulse, for the Balloon, BVS 5000); DEPO +8.3% (announces sweeping interim victory in litigation against Ivax); BLDP +2.0% (announces sale of E-Drive operations to Siemens VDO)... 
Trading Down
JBL
-4.4% (reports Q1 revs in-line with guidance; sees Q2 revs below consensus; sees 20% revs growth for FY07); PMCS -3.5% (lowers Q4 rev guidance below consensus); CRGI -3.1% (Shareholder Vote Reverse Stock Split, Divestiture, Acquisition); FICC -1.9% (Announces Amendments to Repurchase Facilities, Consolidation of Operations Centers); BANR -1.3% (files $100 mln mixed securities shelf offering).

WEEKDAY TRADER 8:12 p.m.

Health-care stocks have sharply lagged the broader market this year. But expect better results next year from stocks in several beaten-down sectors such as managed care and biotech.

• INSIDE SCOOP 6:00 p.m.

• WEEKDAY TRADER 12/19

• CHARTING THE MARKET TODAY 4:58 p.m.

• INVESTORS' SOAPBOX PM 3:01 p.m.

The World's Billionaires

Cherney on the Markets
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 31
Monday  Dec  18 
 
 
 
 

 
 
 
 

 
 
 
 

 


 
 
 
 

Weekly Bill Settlement

 
Corporate Profits
 [Bullet] 8:30 ET 

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 [Star] 8:30 ET 

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 [Bullet] 8:30 ET 

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 [Bullet] 10:00 ET 

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 [Bullet] 10:30 ET 

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

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[Bullet] 11:00 ET 

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[Bullet] 11:00 ET 

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

Philadelphia Fed Survey
 [Bullet] 12:00 ET 

Money Supply
[Bullet] 4:30 ET 

 
 
 
 

Bond Market Assoc. recommended early close 2:00 ET

 
Equity Settlement
12 -21 -2006
Equity Settlement
12 -22 -2006
Equity Settlement
12 -26 -2006
Equity Settlement
12 -27 -2006
Equity Settlement
12 -28 -2006

 

 

 

the market

MARKET UPDATES

Advanced Sectors Sectoring by Industry Group

BUSINESS WEEK MARKET ANALYSIS

 By Paul Cherney

 Economic Indicators

Top Ten Online Business Newspapers

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     2. USA Today (money)
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