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Economic
 Auto Sales (Mar.): 5.1M cons.
 Truck Sales (Mar.): 6.6M cons.
10:00 Construction Spending (Feb.): -0.9% cons.
10:00 ISM Index (Mar.): 48.2 cons.

Motor Vehicle Sales
[Report]
 [Bullet] 
ICSC-UBS Store Sales
 [Bullet] 7:45 ET 
Redbook
 [Bullet] 8:55 ET 
ISM Mfg Index
[Consensus]
 [Star] 10:00 ET 
Construction Spending
[Report]
 [Bullet] 10:00 ET

TOP FINANCIAL NEWS
Paulson says overhaul could take years
UBS set for further writedowns

Hedge funds feel the pain
BUSINESS NEWS
Banks want Clear Channel lawsuit tossed
KKR Financial to sell 20 million new shares
Thornburg raises $1.35 billion to head off bankruptcy
Lehman to raise $3 billion to quash stability fears

LEH -3.0% (to offer 3 mln shares of convertible preferred stock; Moody's downgrades some Lehman XS Alt-A deals); IBM -1.4% (learns of temporary suspension from new business with U.S. Federal Government); DELL -1.2% (is undertaking a strategic assessment of ownership alternatives for its Dell Financial Services financing activities)
Companies moving in after hours trading in reaction to earnings
 Trading Up
 SPIR +4.2%; APWR +2.2%... 
Trading Down
 RMG -7.5%; TISI -2.6%; KRY -0.9%... 
Companies moving in after hours trading in reaction to news: Trading Up
 OXM +33.2% (reaffirms Q1 and FY08 rev guidance to be in-line, EPS to the lower end); CEGE +28.5% (and Takeda announce global alliance for the development and commercialization of GVAX immunotherapy for prostate cancer); SRDX +2.3% (announces first human use of SynBiosys biodegradable polymer on cardiomind drug-eluting stent); GFF +1.8% (announces $100 mln credit agreement); LM +1.3% (provides money market fund update; has entered into capital support agreements to provide support to a money market fund managed by co); AOI +1.1% (announces the sale of its assets in Malawi)... 
Trading Down
 TMY -10.1% (terminates merger agreement); KFN -6.2% (announces proposed common share offering of 20 mln common shares); SIVB -6.15 (to offer $200 mln convertible senior notes); LEH -3.0% (to offer 3 mln shares of convertible preferred stock; Moody's downgrades some Lehman XS Alt-A deals); OPWV -2.9% (announces phase 2 of its restructuring strategy; will incur a charge of approx. $16-19 mln); ROY 1.6% (appoints Paul Zink as President); IBM -1.4% (learns of temporary suspension from new business with U.S. Federal Government); ALXA -1.3% (secures $50 million committed equity financing facility with Azimuth opportunity); DELL -1.2% (is undertaking a strategic assessment of ownership alternatives for its Dell Financial Services financing activities); BMC -1.2% (announces early termination of Hart-Scott-Rodino waiting period).

Earnings

Before: GTOP, MNTG, QXM

After: EXFO

Events

ALU Analyst Meeting

      F Monthly Sales

      FST Analyst Meeting

      FTWR Investor Day

      GM conference 

      Credit Suisse- CTIA Wireless Forum

      CBAK, CHME, EDU, FUQI, DGNG at Brean Murray, Carret & Co., Inc Fourth Investor Tour of China (Shenzhen) Conference

GS, CS, KCAP, FIG at IQPC Global Distressed Debt West Coast Investor Forum (Day 2 of 3)

HBC, MS at HSBC Holdings plc at Morgan Stanley Banking Conference

          HUM Credit Suisse Investor Meetings

     LEH at AVCJ Private Equity & Venture Forum

     The Changing Face of Private Equity in the Island Nation Conference (Day 2 of 3)

          MRK, SSRX, WMB at IBC USA Conferences Inc. China           

     MSFT, CSCO, ORCL, WB, WM, JAVA, MRK, IBM at SourceMedia MDM Summit (Day 3 of 3)

    OPY at Financial Research Associates The Investors' and Issuers'   Summit on Alternative Capital Raising

     SINA at Credit Suisse Group (AIC) 11th Asian Investment Conference (Day 3 of 4)

     SNCR, APKT, CALL at CTIA The Wireless Association

CTIA WIRELESS 2008 Conference (Day 2 of 4); Talbot's Investor Update Meeting

     UBS at Financial Research Associates Derivatives 101/102   Conference

     WAVE at CTIA

     WB, CMA at Global Concepts — Cash Management Forum (Day 2 of 3).

 

 

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2008 U.S. Economic Events & Analysis

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31
Monday  Mar  31 
 
 

 
 

2-Year Note Settlement

5-Year Note Settlement


 
 
 
 

 
Motor Vehicle Sales
[Report]
 [Bullet] 

ICSC-UBS Store Sales
 [Bullet] 7:45 ET 

Redbook
 [Bullet] 8:55 ET 

ISM Mfg Index
[Consensus]
 [Star] 10:00 ET 

Construction Spending
[Report]
 [Bullet] 10:00 ET 

4-Week Bill Auction
[Bullet] 1:00 ET 

 
 
 
 

 
 
 

 
 

Weekly Bill Settlement

 
 
 
 

 
Employment Situation
[Consensus]
 [Star] 8:30 ET 

Treasury STRIPS
[Bullet] 3:00 ET 

 
Equity Settlement
04 -03 -2008
Equity Settlement
04 -04 -2008
Equity Settlement
04 -07 -2008
Equity Settlement
04 -08 -2008
Equity Settlement
04 -09 -2008
 

 

the market

MARKET UPDATES

Advanced Sectors Sectoring by Industry Group

BUSINESS WEEK MARKET ANALYSIS

 By Paul Cherney

 Economic Indicators

Top Ten Online Business Newspapers

     1. The New York Times
     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)