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TOP FINANCIAL NEWS

US Daily View: Buffett’s $2bn junk-bond bet

BUSINESS NEWS
Companies moving in after hours trading in reaction to earnings
Trading Up
 MIND +3.1%; CPWM +2.7%... 
Trading Down
 PVH -7.6%
Companies moving in after hours trading in reaction to news Trading Up
 MBLX +5.0% (announces national release of gift card by Target); XJT +3.2% (Corriente Advisors discloses 6.2% stake in SC 13G); RUS +2.1% (names Bruce Crain Chief Executive Officer and President); ARW +2.5% (raises Q4 EPS and revs guidance, in-line with consensus); CPKI +2.0% (Farallon Capital discloses 5.3% stake in SC 13D); MF +1.7% (Receiver Ad Litem and MF Global settle Philadelphia alternative asset fund litigation); NOA +1.3% (appoints a Chief Financial Officer and a Vice President of Finance); RICK +1.3% (to focus acquisition efforts on east coast -- WSJ); VICR +1.0% (announces changes in its finance department; CFO to VP of Tresury Services); HBIO +1.0% (divests the majority of its capital equipment business)...
Trading Down
TRMP -6.9% (discloses resignation of CFO); MDU -4.1% HOLX -3.7% (co announces public offering of $1.3 bln of convertible senior notes); CYTK -3.0% (announces an abstract summarizing interim clinical trial data evaluating SB-743921 is scheduled to be presented as a poster presentation to be held December 8-11, 2007); STKL -1.8% (announces secondary share offering); CBKN -1.6% (appoints Michael Moore Chief Financial Officer); RCII -1.3% (announces store consolidation plan; cash outlay to be approx $26-$30.5 mln); IVZ -0.8% (announces co moves primary listing to NYSE from LSE); SFLY -0.6% (announces that CFO is retiring from the co).

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United States Display Consortium Conference 2007

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