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WEDNESDAY  JUNE 27 2007 CLICK     HERE TO SEE ECONOMIC         CALENDAR BELOW

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Durable Goods Orders
 [Star] 8:30 ET 
-1.5%
EIA Petroleum Status Report
 [Bullet] 10:30 ET 
FOMC Meeting Begins
[Bullet] 2:30 ET 
TOP FINANCIAL NEWS
Bear Stearns not planning to bail out second fund
BUSINESS NEWS
EXXON AND CONOCO ARE WALKING
away from multibillion-dollar investments in Venezuela, refusing to join others that signed over majority stakes in giant projects to the state oil concern.  11:00 p.m.WSJ
U.S. Foodservice underwriters pulled a $1.5 billion bond offering amid investor resistance to its terms, an indication of possible trouble for the buyout boom. 
11:30 p.m WSJ
Oracle 4Q Profit Surges 23 Percent
Dow deal close on WSJ safeguards
BAE faces fines in US bribery probe
iPhone costs hit Apple shares
Companies moving in after hours trading in reaction to earnings
Trading Up
 SPEC +6.85%; NKE +4.79%; FUL +2.30%; ORCL 1.15%...
Companies moving in reaction to news
 Trading Up
 CKNN +0.93% (announces new contract for powercash); DVAX +0.87% (starts HEPLISAV phase 3 in Europe; U.S. Study; and phase 2 in ESRD in Canada) VTIV +0.74% (acquires Chandler Chicco and Innovative Health) YRCW +0.69% (Plans to acquireShanghai Jiayu Logistics)...
Trading Down
 NUVO -19.16% (NUVO and Bayer HealthCare have agreed to terminate their collaboration on Alfimeprase); GSCI -5.58% (maintains Q2 and FY07 financial guidance).

Earnings

Before: CKR, CAG, MKC, SMSC, UNF
After: ATML, BBBY, MLHR, DISK, INTV, MU, PAYX, RHT, SMOD, XRTX

BARRON'S WEEKDAY TRADER 8:01 p.m.

Predicting 2nd-Qtr Earnings Winners 

Companies in the health care, technology, heavy industry and energy sectors should outshine the broader markets, though don't count on financials to impress.

• INSIDE SCOOP 6:00 p.m.

• CHARTING THE MARKET TODAY 4:43 p.m.

• MAILBAG 4:53 p.m.

• INVESTORS' SOAPBOX PM 3:00 p.m.

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THE WAR IN IRAQ

Cherney on the Markets
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                        2007 U.S. Economic Events & Analysis

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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
Monday  Jun  25 
 
 
 

 
 

 
 
 
 

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

Redbook
 [Bullet] 8:55 ET 

Consumer Confidence
 [Bullet] 10:00 ET 

New Home Sales
 [Bullet] 10:00 ET 

4-Week Bill Auction
[Bullet] 11:30 ET 

2-Year Note Auction
[Bullet] 1:00 ET 

 
 
 
 

 
 
 
 

Weekly Bill Settlement

 
Corporate Profits
 [Bullet] 8:30 ET 

GDP
 [Star] 8:30 ET 

Jobless Claims
 [Bullet] 8:30 ET 

Help Wanted Index
 [Bullet] 10:00 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 

FOMC Announcement
 [Star] 2:15 ET 

Farm Prices
 [Bullet] 3:00 ET 

Money Supply
 [Bullet] 4:30 ET 

 
 
 
 

 
Personal Income and Outlays
 [Star] 8:30 ET 

NAPM-Chicago
 [Bullet] 9:45 ET 

Construction Spending
 [Bullet] 10:00 ET 

Consumer Sentiment
 [Bullet] 10:00 ET 

 
Equity Settlement
06 -28 -2007
Equity Settlement
06 -29 -2007
Equity Settlement
07 -02 -2007
Equity Settlement
07 -03 -2007
Equity Settlement
07 -05 -2007

 

 

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the market

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 By Paul Cherney

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