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SPWR     AVRX     ADES
International Trade
  8:30 ET 
$-60.3b
Producer Price Index
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PPI 0.7% Less food & energy 0.2%
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TOP FINANCIAL NEWS
Remarks Cost Imus CBS Radio Job
BUSINESS NEWS
XM gets DOJ request for Sirius merger information
Cutter & Buck Inc. to Be Acquired by New Wave Group
MedImmune holds talks with potential buyers
Trading Up
LRCX +1.1%... 
Trading Down
 LAKE -9.7%; KKD -4.8%; CTBK -1.0%...  Companies moving in reaction to news
Trading Up
 DYAX +52.3% (DX-88 for hereditary angioedema meets primary and secondary endpoints in Phase 3 trial (EDEMA3)); ANIK +6.6% (Receives CE Mark Approval for its Cosmetic Tissue Augmentation Product ELEVESS); MRK +3.3% (FDA Advisory Committee Recommends Against Approval for Merck's NDA for ARCOXIA; raises Q1 and 2007 EPS above consensus); BFT +1.5% (reports on recent developments); ORCL +0.91% (increases share repurchase authorization by $4.0 bln)... 
Trading Down
 ULGX -8.8% (sees prelim revs of ~$5.1 mln, Reuters consensus is $6.1 mln); VAR -5.7% (epects 12% net orders growth for 2Q07 with softness in oncology systems and strength in all other businesses); IMAX -2.6% (provides status update in connection with delayed filing; have been no material developments in the matters); AAPL -1.9% (iPhone is on schedule to ship in late June; will not be able to release Leopard atWorldwide Developers Conference in early June as planned); AXYS -1.6% (acquires Cineflex Camera Systems; will be moderately accretive to earnings); SMSC -1.2% (announces stock option grants).

Earnings  Before: GE, INFY

WEEKDAY TRADER 7:09 p.m. An Energy Stock in Need of an Overhaul  Investors including Carl Icahn think shares of Talisman Energy aren't living up to their potential. A breakup of the company, however, may be needed to truly unlock value. • INSIDE SCOOP 6:16 p.m. Fund Has Its Fill of CKE Restaurants • CHARTING THE MARKET TODAY 5:20 p.m. Stocks in the Spotlight Thursday • INVESTORS' SOAPBOX PM 3:05 p.m. A Soft Quarter for Hardware Stocks • HOT RESEARCH PM 1:58 p.m. Voicing Reservations About Avaya   Events FRA's Energy Efficiency Finance Forum CIBC World Markets Annual Commodity Products Conference  Nappy headed hoes flood the market

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