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WEDNESDAY  OCTOBER 03 2007 CLICK     HERE TO SEE ECONOMIC         CALENDAR BELOW

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MBA Purchase Applications
 [Bullet] 7:00 ET 
Challenger Job-Cut Report
 [Bullet] 7:30 ET 
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TOP FINANCIAL NEWS
GM gains, Ford clobbered in September sales
BUSINESS NEWS
Micron Swings to 4Q Loss
First Defiance Financial Corp. FDEF to Acquire Pavilion Bancorp, Inc. PVLN  
Companies moving in after hours trading in reaction to earnings 
Trading Down
MU
-3.3%... 
Trading Up
USEY
+30.3% (provides update on restructuring plans and names Joseph Reynolds CEO); MBRX +16.2% (announces European Commission grants Orphan Medicinal Product Designation to MB0713); CPST +6.1% (announces initial $3.8 mln order for its C200 microturbine); CNIC +3.5% (announces appointment of Marc Ferland and Lawrence Yelin to the Board of Directors); VASC +1.1% (comments on summary judgment rulings in patent litigation with VNUS medical)...  Trading Down
MWY
-6.4% (lowers Q3 EPS and revs guidance below consensus); MPET -4.3% (announces that the Patron 1 exploration well has been plugged and abandoned); AAI -3.2% (reports all-time record traffic during 3-month period ending Sep 30); EXM -3.1% (announces plan to offer $100 mln convertible senior notes); GIFI -1.0% (announces new Chief Financial Officer).

Earnings

Before: RPM, WWW
After: ARRO, BLUD, SMOD

            Events

 

       Deutsche Bank Strategy & Solutions Derivatives Conf.

       Credit Suisse Aerospace & Defense Conf.

       Borsa Italia Star Conf.

       UBS Climate Change- Impact & Opportunities Conf.

       Bear Stearns Lisbon CDO Conf.

       William Blair Micro / Small-Cap Growth Conf.

       Banc of America Securities Debt Capital Markets Conf.

       CAGNY Monthly Meeting October 2007

       Standard & Poors Hot Topics in RMBS Conf.

       Windhover Information East Conf.

       Leerink Swann & Co.: Aesthetics Roundtable Conf.

       BioContact Biopharmaceutical Partnership Symposium

       Gabelli & Co. 3rd Annual RFID Conf.

       Strategic Research Institute 4th Annual Energy Tech Investor Conf

The World's Billionaires

THE WAR IN IRAQ

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

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TWTC     PCL     UEIC  

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                        2007 U.S. Economic Events & Analysis

                  Economic Statistics 

Monday  Oct  1 
 
 
 

 
 

2-Year Note Settlement

5-Year Note Settlement


 
 
 
 

 
ICSC-UBS Store Sales
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Redbook
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Pending Home Sales Index
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4-Week Bill Auction
[Bullet] 1:00 ET 

Motor Vehicle Sales
 [Bullet] 4:00 ET 

 
 
 
 

 
 
 
 

Weekly Bill Settlement

 
 
 
 

Bond Market Assoc. recommended early close 2:00 ET

 
Employment Situation
 [Star] 8:30 ET 

RBC CASH Index
 [Bullet] 9:00 ET 

Consumer Credit
 [Bullet] 3:00 ET 

 
Equity Settlement
10 -04 -2007
Equity Settlement
10 -05 -2007
Equity Settlement
10 -09 -2007
Equity Settlement
10 -10 -2007
Equity Settlement
10 -11 -2007

 

ESBR Employment Income International Money Output Prices Production Transportation SSBR
 
 

the market

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Advanced Sectors Sectoring by Industry Group

BUSINESS WEEK MARKET ANALYSIS

 By Paul Cherney

 Economic Indicators

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     2. USA Today (money)
     3. The Washington Post (business)
     4. Los Angels Times (business)
     5The Boston Globe (business)
     6Financial Times
     7Houston Chronicle (business)
     8The Seattle Times (business)
     9Chicago Tribune (business)
   10San Francisco Chronicle (business)