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THURSDAY JANUARY 18  2007 CLICK     HERE TO SEE ECONOMIC         CALENDAR BELOW

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Consumer Price Index
[Consensus]
 [Star] 8:30 ET 
CPI 0.5%      Less food & energy 0.2%
Housing Starts
[Consensus]
 [Star] 8:30 ET 
1.642M
Jobless Claims
[Consensus]
 [Bullet] 8:30 ET 
290K
EIA Petroleum Status Report
 [Bullet] 10:30 ET 
Philadelphia Fed Survey
[Report]
 [Bullet] 12:00 ET
8.3 vs  2.0
TOP FINANCIAL NEWS
Oil prices rally to close above $52
Citrus Freeze Leaves Thousands Jobless
BUSINESS NEWS
Apple Profit Rose 78% in Quarter
Vornado Group Offers $21.6 Billion for Equity Office $52.00 per share cash and stock
Trading Up
NANX
+10.3%... 
Trading Down
 MEDE -16.1%; NVEC -8.6%; LRCX -7.6%; FHN -1.1%; AAPL -1.0%... 
Companies moving in reaction to news
Trading Up
 HDTV +11.1% (Enters into Laser Diode Based Micro-Projector Development Agreement with SI InfoComm and SCRAM Technologies); FTK +9.9% (expects FY07 revs to rise 60% to $160 mln); EEEI +6.7% (to restate previously issued quarterly reports); MOGN +2.8% (Announces Publication of Phase 3 Data for Saforis (glutamine) Powder in UpTec for Oral Suspension in Cancer; positive data0; HIW +2.2% (raises Y06, issues in-line Y07 FFO guidance); EOP +1.1% (Equity Office: Vornado, Starwood and Walton Street confirm offer to buy Equity Office Properties for $52.00 per share in cash and stock)... 
Trading Down
CAI
-13.3% (lowers 2007 revs and EPS guidance; co also guides Q2 EPS and revs at the low end of prior guidance); CRME -5.6% (Announces Public Offering of 8 mln shares); CHRS -4.7% (lowers Q4 revs and EPS below consensus); ECLG -4.1% (issues Y07, Q1 guidance); SYX -1.4% (CFO Retires, Replacement Announced).

Big Holders Tuning Out Clear Channel LBO 

The massive $26 billion deal may be running into opposition from investors who think the radio broadcaster is underpriced.

• INSIDE SCOOP 6:03 p.m.

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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  15 
 
 
 

US Holiday: Martin Luther King Jr. Day

All Markets Closed

 
 
 
 

 
 

10-Year TIPS Settlement

 
 
 

 
 

 


 
MBA Purchase Applications
 [Bullet] 7:00 ET 

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

Producer Price Index
[Consensus]
 [Star] 8:30 ET 

Redbook
 [Bullet] 8:55 ET 

Treasury International Capital
 [Bullet] 9:00 ET 

Industrial Production
[Consensus]
 [Star] 9:15 ET 

Housing Market Index
 [Bullet] 1:00 ET 

Beige Book
 [Bullet] 2:00 ET 

 
 
 

 
 

Weekly Bill Settlement

 
Consumer Price Index
[Consensus]
 [Star] 8:30 ET 

Housing Starts
[Consensus]
 [Star] 8:30 ET 

Jobless Claims
[Consensus]
 [Bullet] 8:30 ET 

EIA Petroleum Status Report
 [Bullet] 10:30 ET 

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

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

20-Year TIPS Announcement
[Bullet] 11:00 ET 

Philadelphia Fed Survey
[Report]
 [Bullet] 12:00 ET 

Money Supply
[Bullet] 4:30 ET 

 
 
 

 
 

 
Consumer Sentiment (p)
[Report]
 [Bullet] 10:00 ET 

EIA Natural Gas Report
 [Bullet] 10:30 ET 

 
 
 
Equity Settlement
01 -19 -2007
Equity Settlement
01 -22 -2007
Equity Settlement
01 -23 -2007
Equity Settlement
01 -24 -2007

 

       

 

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the market

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