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THURSDAY  JANUARY  31  2008 CLICK     HERE TO SEE ECONOMIC         CALENDAR BELOW

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Monster Employment Index
 [Bullet] 6:00 ET 
Personal Income and Outlays
 [Star] 8:30 ET 
Personal income 0.4% Consumer spending 0.1%
Employment Cost Index
 [Bullet] 8:30 ET 
0.8%
Jobless Claims
 [Bullet] 8:30 ET 
318K
NAPM-Chicago
 [Bullet] 9:45 ET 
52.0
Help Wanted Index
 [Bullet] 10:00 ET 
EIA Natural Gas Report
 [Bullet] 10:30 ET

TOP FINANCIAL NEWS

MEH Midwest Air Group announced U.S. Department of Justice closes investigation of pending acquisition of Midwest Air Group; transaction expected to close January 31

BUSINESS NEWS
After Hours Summary: AMZN -11%, SBUX -2.3% on earnings; CFC -2.8% (says remains ahead of schedule on 6-year 7,500 job commitment to Texas enterprise fund
Companies moving in after hours trading in reaction to earnings: Trading Up
 
CNQR
+12.8%; SMCI +8.4%; ININ +6.3%; TSCO +4.8%; ADS +4.2%; ESLR +3.8%; HRS +3.6%; CTS +2.0%; ADPT +1.8%; EXPO +1.5%; CCK +1.5%; CAI +1.5%; MLNX +1.4%; CVD +1.4%; AFL +1.3%; FNF +1.1%; PHM +1.0%...  Trading Down
ARAY
-29.2%; CDNS -23.4%; BLOG -19.0%; AMZN -11.1%; MTSN -8.5%; RNOW -8.4%; NEWP -4.6%; NVLS -3.5%; VIRL -3.0%; HSTX -3.0%; SBUX -2.3%; MIPS -2.2%...  Companies moving in after hours trading in reaction to news Trading Up
RFIL
+10.2% (requests extension to file 10KSB; guides for Q4 EPS of $0.13 vs $0.13 in 4Q060; MMA +5.9% (completes bond refinancing); MEH +3.0% (announced U.S. Department of Justice closes investigation of pending acquisition of Midwest Air Group; transaction expected to close January 31); AMAG +3.0% (provides additional clinical information on ferumoxytol; will host conference tomorrow at 9am ET); EWST +2.6% (declares three-for-two stock split); MUR +2.4% (announces prelim Q1, guides Q4 EPS); KFED +1.7% (authorizes new stock repurchase plan to repurchase up to 10% of its common stock); CTIC +1.6% (cuts net operating expenses 35% and expands commercial team to support Zevalin sales and applications seeking two product approvals in 2009); BAS +1.5% (announces two acquisitions; acquisitions are anticipated to be accretive to earnings in 2008); EBHI +1.4% (announces a reorganization of their corporate staff; job cuts represent an aggregate of 16% of the corporate staff); CPRT +1.1% (lanelogic partners with Pep Boys to facilitate an alternative for consumers to sell their cars for cash); ABM +1.1% (announces two acquisitions; acquisitions are anticipated to be accretive to earnings in 2008)... 
Trading Down
 CEP -4.5% (files a $1 bln mixed shelf offering in an S-3); CFC -2.8% (says remains ahead of schedule on 6-year 7,500 job commitment to Texas enterprise fund); GLAD -1.6% (prices 3 mln shelf offering at $17.00 per share); MER -1.2% (says top execs did not get bonuses for 2007 work -- Reuters).

Earnings

Before: ATK, AZN, ALV, BPHX, BMY, BC, BKC, CAM, CELG, CVS, DCP, RDEN, GR, HBI, HSC, HHS, HP, HMC, IMCL, RX, ICE, IVC, LLL, LEA, ERIC, MRO, MA, MAT, MBI, MEH, MYL, NDAQ, NYT, NWL, NCX, ODFL, OPXT, PTRY, PDC, BPOP, PG, RTN, SAF, TSM, HOT, TSO, TKR, UA, WU, WYE, BUD

After: ACS, ALTR, BEBE, CA, ELY, CHRT, CSR, CLM, DLLR, ERTS, FMD, GOOG, INFN, ISRG, MEE, MCK, MNST, ZZ, SXE, STAR, SYMM, TSRA, TRID, VRSN, ZHNE, ZIGO

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Monster Employment Index
 [Bullet] 6:00 ET 

Personal Income and Outlays
 [Star] 8:30 ET 

Employment Cost Index
 [Bullet] 8:30 ET 

Jobless Claims
 [Bullet] 8:30 ET 

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 [Bullet] 9:45 ET 

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 [Bullet] 10:00 ET 

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