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TUESDAY JANUARY 9  2006 CLICK     HERE TO SEE ECONOMIC         CALENDAR BELOW

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ICSC-UBS Store Sales
 [Bullet] 7:45 ET 
Redbook
 [Bullet] 8:55 ET
TOP FINANCIAL NEWS
White House to unveil Medicare overhaul
Oil Falls for a Second Day on OPEC Doubts, US Demand Decline

BUSINESS NEWS
Sprint to Cut 5,000 Jobs; Stock Plunges 
 Trading Down
SPEC
-8.7%; LWSN -1.4%... Companies moving in reaction to news
Trading Up
 THRM +6.5% (sees Q4 operating income of breakeven vs -$0.03 consensus; sees revs up 58% to $14.6-14.8 mln vs $14.25 mln consensus); CAKE +6.4% (reports preliminary Q4 revs of $360.4 mln vs $353.56 mln consensus); ANGN +5.3% (Record Prelim Q4 and Fiscal Year Growth in revs (Q4 up 60.9% YoY) and Income before taxes (Q4 up 248% YOY); No estimates.); OSIR +4.9% (Receives FDA Fast Track Status for Its Crohn's Disease Stem Cell Therapy and Clearance to Start Phase III Clinical Trial); VASC +4.1% (announces 510(K) clearance of InnerChange micro-introducer catheter); VPHM +1.9% (reaffirms Y06 sales guidance; guides Y07 in line); AUY +1.4% (Update on Chapada and Q4 Production; Total production is in line with previous guidance for Q4) NEW +1.2% (announces total mortgage loan production for 2006 reached a new record high of $59.8 bln; sees FY07 production relatively flat)... 
Trading Down
S
-8.1% (expects to report Y06 operating revs of $41 bln vs. $41.4 bln consensus; sees Y07 revs of $41-42 bln (consensus $41.8 bln)); EMAG -6.7% (issues FY07 guidance); SCSC -5.2% (guides DecQ revs below consensus; $467-475 mln, $490 consensus); KVHI -4.6% (announces Q4 prelim revs below consensus; sees EPS breakeven; sees Y07 revs $87-92 mln vs $92.3 consensus; guides Y07 GAAP EPS); BGP -4.2% (lowers Q4 EPS guidance; reports holiday sales results results for the nine-week holiday period ended Dec. 30 increased by 3.5% YOY).

INSIDE SCOOP 5:49 p.m.

Eye on Vornado Realty Selling 

Insiders at this real-estate investment trust sold a whopping $184.2 million in stock in the fourth quarter.

• MONDAY'S MOVERS 6:54 p.m.

• CHARTING THE MARKET TODAY 4:39 p.m.

• INVESTORS' SOAPBOX PM 3:00 p.m.

• HOT RESEARCH PM 2:04 p.m.

The World's Billionaires

Cherney on the Markets
By S&P technical analyst Paul Cherney

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                        2007 U.S. Economic Events & Analysis
 

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  Jan  8 
 
 

 
 

 
 
 
 

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

Redbook
 [Bullet] 8:55 ET 

4-Week Bill Auction
[Bullet] 1:00 ET 

 
 
 

 
 

 
 
 

 
 

Weekly Bill Settlement

 
BOE Announcement
 [Bullet] 7:00 ET 

ECB Announcement
 [Bullet] 7:45 ET 

Jobless Claims
[Consensus]
 [Bullet] 8:30 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 

Treasury Budget
[Report]
 [Bullet] 2:00 ET 

Money Supply
[Bullet] 4:30 ET 

 
 
 
 

Bond Market Assoc. recommended early close 2:00 ET

 
Import and Export Prices
[Report]
 [Bullet] 8:30 ET 

Retail Sales
[Consensus]
 [Star] 8:30 ET 

RBC Cash Index
 [Bullet] 9:00 ET 

Business Inventories
[Report]
 [Bullet] 10:00 ET 

 
Equity Settlement
01 -11 -2007
Equity Settlement
01 -12 -2007
Equity Settlement
01 -16 -2007
Equity Settlement
01 -17 -2007
Equity Settlement
01 -18 -2007

 

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the market

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 By Paul Cherney

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