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FRIDAY SEPTEMBER 28 2007 CLICK     HERE TO SEE ECONOMIC         CALENDAR BELOW

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inside wall streET
TWTC     PCL     UEIC
Personal Income and Outlays
  8:30 ET 
Personal income 0.3% Consumer spending 0.4%
NAPM-Chicago
  9:45 ET 
53.9
Construction Spending
  10:00 ET 
-0.5%
Consumer Sentiment
  10:00 ET
84.3  
TOP FINANCIAL NEWS
Freddie Mac chief warns of recession
RISING PRICES AND SURGING DEMAND for the crops that supply half of the world's calories are altering the economic landscape. The run-up could last as long as a decade.  8:47 p.m WSJ
BUSINESS NEWS
Companies moving in after hours trading in reaction to earnings
CENT Harbinger Group cites 9.9% stake in Central Garden & Pet in SC 13G
Trading Up
 SSTR +22.9%; CBK +4.2%; ACN +1.3%... 
Trading Down
 COGN -4.7%; FMCN -2.5%; TIBX -2.4 JBL -1.1%...  Trading Up
 CRXL +13.1% (discovers human monoclonal antibodies for the prevention and treatment of the avian flu virus); MBLX +5.0% (announces U.S. Department of Commerce awards of $2 mln); THK +2.8% (announces record ValidClick results for September 2007); CVTX +2.5% (submits supplemental New Drug Application for Ranexa); HAR +2.4% (sees Y08 revs $4.1 bln, compared to $4.067 bln consensus); CENT +1.0% (Harbinger Group cites 9.9% stake in Central Garden & Pet in SC 13G)... 
Trading Down
 BBND -26.1% (lowers Q3 guidance; sees revs $35-39 mln vs $56.05 mln consensus, expects to report a loss, vs $0.06 consensus); SABA -4.2% (reaffirms Q1 & FY08 guidance); TRGL -2.0% (provides updated reserve estimates in Turkish Black Sea and reports successful lift of deck onto third production Tripod in South Akcakoca Sub-Basin Project); WYNN -1.8% (files S-3 to sell undisclosed amount of stock under securities shelf); EIHI -1.0% (increases repurchase authorization of common stock by 1 mln shares).

Earnings Before: AZZ After:        Events        European Investment Bank Forum 2007        Equities Transatlantic Conf.        Securities Industry Assoc. Research Management Conf.        JPMorgan Federal IT Services Forum        FirstEnergy Capital Global Energy Conf.-Toronto

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