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EQUITY LETTER

THURSDAY SEPTEMBER 13 2007 CLICK     HERE TO SEE ECONOMIC         CALENDAR BELOW

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Jobless Claims
 [Bullet] 8:30 ET 
325K
EIA Natural Gas Report
 [Bullet] 10:30 ET
TOP FINANCIAL NEWS
Oil eases after topping $80 on supply fears
DOLLAR DECLINES TO RECORD LOW AGAINST THE EURO
BUSINESS NEWS
BRLC down 25.8% on earnings/guidance; MCD up 2.9% (announces $0.50 increase to dividend and total cash return tgt)
Companies moving in after hours trading in reaction to earnings
 Trading Up
 GROW +6.7%... 
Trading Down
 BRLC -25.8%... 
Trading Up:
MCD
+2.9% (announces $0.50 increase to dividend and total cash return tgt); ATRM +2.9% (receives orders for over $6.0 mln in gravity feed test handlers); TGT +2.6% (to review ownership alternatives for credit card receivables; co also to analyze capital structure); TIE +2.0% (TIMET and United Technologies enter into new long-term supply agreement); UNCL +1.3% (receives orders for over $6.0 mln in gravity feed test handlers)...  Trading Down
 AZPN -11.4% (doesn't report Q4 results; announces license bookings of $67 mln; co continues work on the restatement of previously issued financial statements); SCSS -9.5% (in 8-K co says "we are currently on track to achieve the low-end of our full year sales and earnings targets").

Earnings

Before: FLOW, NSSC, OPSW, PTMK, PIR, SHE, PNY

After: CSC, FDRY, NINE, PLL, QTWW, RVI, TEK

Events

UBS China Property Day

Deutsche Bank Securities 11th Annual Technology Conference

Private Equity International 5th Annual Private Equity COO’s and CFO’s Forum

Informed Investors Investment Trusts Conference

Intertech Biodegradable Plastics in Packaging Applications Conference

The World's Billionaires

THE WAR IN IRAQ

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

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                        2007 U.S. Economic Events & Analysis

                  Economic Statistics 

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  Sep  10 
 
 

 
 

 
 
 

 
 

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

International Trade
 [Star] 8:30 ET 

Redbook
 [Bullet] 8:55 ET 

10-Year Note Announcement
[Bullet] 11:00 ET 

4-Week Bill Auction
[Bullet] 1:00 ET 

 
 
 
 

 


 
 
 
 

Weekly Bill Settlement

 
Jobless Claims
 [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 

10-Year Note Auction
[Bullet] 1:00 ET 

Treasury Budget
 [Bullet] 2:00 ET 

Money Supply
 [Bullet] 4:30 ET 

 
 
 
 

 
Current Account
 [Bullet] 8:30 ET 

Import and Export Prices
 [Bullet] 8:30 ET 

Retail Sales
 [Star] 8:30 ET 

RBC CASH Index
 [Bullet] 9:00 ET 

Industrial Production
 [Star] 9:15 ET 

Business Inventories
 [Bullet] 10:00 ET 

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

 
Equity Settlement
09 -13 -2007
Equity Settlement
09 -14 -2007
Equity Settlement
09 -17 -2007
Equity Settlement
09 -18 -2007
Equity Settlement
09 -19 -2007

 

 

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the market

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BUSINESS WEEK MARKET ANALYSIS

 By Paul Cherney

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     5The Boston Globe (business)
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     8The Seattle Times (business)
     9Chicago Tribune (business)
   10San Francisco Chronicle (business)