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ICSC-UBS Store Sales
7:45 ET
Redbook
8:55 ET
TOP FINANCIAL NEWS
TXU SCRAPPED PLANS to build a fleet of coal-fired power plants
in Texas and will focus on building nuclear power plants.
BUSINESS
NEWS
CEMEX Announces Increased Recommended Offer for Rinker
Trading Up
MOS -4.8%; LWSN
-2.8%...
Companies moving in reaction to news
Trading Up
CU +22.3% (announces
President and CEO resigns); DIVX +18.9% (guides Q1 above
prior guidance); CHRD +12.8% (expects to report record rev
ranging between $31-$33 mln for 2Q07 vs $26.58 mln consensus); ROX
+8.6% (beats by $0.03, beats on revs; guides Q4 in-line); CBOU
+1.1% (announces preliminary 1Q 2007 total net sales and comparable
coffeehouse sales)...
Trading Down
ADLR -57.0% (Adolor: Current
development program for OBD on-hold while findings from long-term safety
study are evaluated); GSX -15.9% (announces 10 mln share
public offering of common stock); CIPH -6.7% (auditors expressed
going-concern qualification); VAL -5.3% (guides below Q2 EPS
consensus; sees Y07 EPS guidance at the low end of the previous range
Y07 EPS guidance); STX -4.3% (lowers Q3 revs guidance); EPMD
-3.7% (announces resignation of Chief Financial Officer); GRS
-1.0% (announces CDN$200 mln, 10 mln share offering).
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INSIDE SCOOP 5:44 p.m.
Buffett's Been Betting on the Railroad
Warren Buffett has disclosed that his investment
company, Berkshire Hathaway, has taken a significant
stake in Burlington Northern. The stock gained 6% on the
news Monday.
• CHARTING THE MARKET TODAY
5:08 p.m.
• MONDAY'S MOVERS 5:54 p.m.
• INVESTORS' SOAPBOX PM 3:22
p.m.
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Earnings
Before:
AZZ, BKRS, PACT, TTWO
After:
AA, ESIO
Events
Fed’s Mishkin speaks at 9:30 at
Bridgewater College in VA
Fed’s Plosser speaks at 7:30 PM on
Federal Reserve in DE
Credit Suisse 2007 Real Estate Conference
SunTrust Robinson Humphrey 36th Annual Institutional Conference
6th Annual BIO-Windhover Conference
Wall Street Access Midwest Utility Conference |
The World's Billionaires
DID YOU KNOW
THE
WAR IN IRAQ
Cherney on the Markets
By S&P technical analyst Paul
Cherney
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