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TOP FINANCIAL NEWS
Fed Minutes: Major Cuts Possible
The Road to $100 Oil – and Beyond
BUSINESS NEWS
Companies moving in after hours trading in reaction to news Trading Up
SPN up 8.8% (announces contracts to plug wells and decommission platforms in the Gulf of Mexico
SPN
+8.8% (announces contracts to plug wells and decommission platforms in the Gulf of Mexico); EXAC +4.3% (completes acquisition, guides FY08 revs above consensus); FTI +3.1% (to supply subsea processing and production systems for Total's Pazflor project in block 17 offshore Angola); ITWO +2.7% (Amalgamated Gadget discloses 17.7% stake in SC 13D/A); PHTN +2.4% (receives extension from Nasdaq regarding filing of Form 10-Q and Form 10-K); MWRK +1.3% (Crescendo Partners discloses 8.8% stake in SC13D filing, up from previously disclosed 7.5%); OSIP +1.0% (announces a $150 mln convertible notes offering); BBSI +1.0% (announces acquisition of First Employment Services for approx $5 mln; to be accretive by $0.03-0.04); PPD +1.0% (announces Q4 results); OSTK +0.7% (Jason Lindsey resigns as Director, President, and COO)... 
Trading Down
TWP
-6.6% (appoints Ronald Kaplan President, CEO and Director; Andrew Ferrari appointed Chairman of the Board); ATCO -5.3% (to amend form 10-Q for the period ended June 30, 20070; MMLP -3.2% (partners announces 2008 capital budget and increase in revolver commitments under its credit facility).

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