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Standard & Poor's Announces Changes to U.S. Index
S&P 400 + WAB - FRK Fri Nov 16
S&P 400 + BRE - URI dateTBA
ICSC-UBS Store Sales
7:45 ET
Redbook
8:55 ET
Treasury Budget
2:00 ET
-$59.0B
TOP FINANCIAL NEWS
Fukuda warns on rapid rise in yen
US rail chiefs say new laws will halt investment
BUSINESS
NEWS
Companies moving in after hours trading in reaction to earnings
Trading Up
OWW +8.8%; HINT +6.5%; BOBE +4.3%;
ESE +3.1%; JOBS +3.0%; BIDZ +2.7%; FACE
+2.6%...
Trading Down
SNUS
-8.0%; CSR -2.7%; RWC -1.1%; WX -1.0%...
Trading Up
WAB +4.1% (Westinghouse Air Brake Technologies (WAB)
will replace Florida Rock Industries (FRK) in the S&P MidCap 400);
IAG +2.5% (announces appointment of Gordon Stothart as Chief
Operating Officer); CTS +2.3% (announces realignment of
operations and workforce reduction); BRE +1.7% (BRE Properties
will replace United Rentals in the S&P MidCap 400); HALO +1.3%
(added to Nasdaq Biotech Index); NTG +1.2% (to acquire Norwegian
separator technology co, ConSepT AS; The transaction is expected to be
accretive to earnings); EAT +1.1% (signs coinvestment deal with
CMR); ADCT +1.1% (announces agreement to acquire Century Man
Communication for $55 mln; expected to be dilutive to GAAP earnings per
share in the first year or two of ops)...
Trading Down
ADBE -3.2% (names
Shantanu Narayen Chief Executive Officer); ALTH -1.9% (initiates
study of RH1 in patients with advanced solid tumors or non-hodgkin's
lymphoma); EBHI -1.0% (announces key executive appointments).
Earnings
Before: GTLS, ERJ, FIG, FOSL, GILT, HD, IAG, NAFC,
PPC, SCHS, TJX, USBE, WMT, LNY, RAME
After: CNTF, IMOS, DIET, EXM, GUID, LZB, OMPI, OCNW, STEC, XFML
Events
Credit Suisse Group Investor Summit
ICBI Private Equity, Venture Capital & Institutional Investment Summit
Lincoln National Investors and Bankers Conference
UBS Global Technology and Services Conference
Bear, Stearns & Co. Inc. SMid Cap Investor Conference
JMP Securities Healthcare Focus Conference
Sybase Conference at UBS Global Technology and Services Conference
Aberdeen Group 2007 CPO Summit
Private Equity International 2007 PERE Forum
Deutsche Bank Securities Inc Launching Your 130/30 Strategy Conference
Avondale Partners Future of Prison Services & Privatization Conference
Canaccord Adams Cardiovascular Conference
Dow Jones Newswires Infrastructure Summit
FirstEnergy Capital Corporation EnergyGrowth Conference
Paulson Investment Company Westergaard Conference
IMN Great Plains Conference
Global Equities Research Fit for the Future Presentation
Piper Jaffray Global Internet Summit


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