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THURSDAY APRIL 17  2008 CLICK     HERE TO SEE ECONOMIC         CALENDAR BELOW

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Economic
8:30 Initial Claims: 357K prior    
10:00
Leading Indicators (Mar.): 0.1% cons.
1
0:00 Philadelphia Fed.: -14.0 cons

Jobless Claims
[Consensus]
 [Bullet] 8:30 ET 
Leading Indicators
[Report]
 [Bullet] 10:00 ET 
Philadelphia Fed Survey
[Report]
 [Bullet] 10:00 ET 
EIA Natural Gas Report
 [Bullet] 10:30 ET 

TOP FINANCIAL NEWS
Nigeria’s oil output ‘could fall by a third’
BUSINESS NEWS
IBM +3.4% on earnings; EBAY unchanged following earnings/guidance; AVAN +54% (enters into licensing and development agreement with PFE
Companies trading higher in after hours in reaction to earnings
 ALTR +10.4%, DTLK +8.7%, CCK +8.3%, KNL +7%, LEG +4.5%, IBM +3.4%,...
Companies trading lower in reaction to earnings
 WTS -11.1%, CMOS -11.0%, CNW -9.1%, PLCM -5.1%, ISIL -3.3%, -3.3%, GILD +2.0%...
Companies trading higher in after hours in reaction to news
: AVAN +54% (enters into licensing and development agreement with PFE for Novel Therapeutic Vaccine candidate for brain cancer)..
Companies trading lower in reaction to news
 VPHM -7.1% (co announces discontinuation of HCV-796 development), MTH -4.0% (announces public offering of up to 4 mln shares of common stock)... Other: EBAY is active in after hours but near unchanged from the close following earnings/guidance, NUE is +5.6% ahead of tomorrow morning's earnings release.

Earnings

Before: AOS, AMFI, ECOL, AM, APH, ASPM, BK, BAX, BBT, BGG, CHINA, CHKP, CIT, CMA, CAO, CY, DHR, DSL, FCS, FHN, FRPT, GPC, HOG, HNI, RX, IART, IGT, JRC, KEY, LSTR, MAR, MMR, MEG, VIVO, MER, MLAN, NYT, NOK, NUE, ORB, PFE, PNC, BPOP, PPG, RS, RSTO, SGP, SHW, SLM, SMSC, SON, LUV, SPNC, SPWR, SVU, SXCI, BRLC, AMTD, TTEC, TXT, UTEK, UTX, USAK, WSO, WCG

During: CBSH, HTLD

After: AMD, DOX, ARNA, BKUNA, COF, CX, GRRF, CYN, CTCT, CPSS, CBST, CYT, ETFC, ESLR, FNB, FCF, GOOG, HIFN, ICUI, INFA, INPC, ISRG, KKD, LHO, MELI, MHK, MGI, NINE, PNFP, LGBT, PMCS, PGI, QMED, RVI, RLI, RUSHA, SNDK, SYK, TPX, TMA, VASC, PAY, ZION

Events

      LINE Analyst Meeting

      GS at Information Management Network (IMN) California Municipal Finance Conf.

      TK, GMR at Morgan Stanley Commodities and Shipping Conf.

      WMT Field Trip for Analysts & Investors

       Fed Gov. Kohn

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Monday  Apr  14 
 
 

 
 

 
 
 
 

10-Year TIPS Settlement

 
 
 

 
 

 
MBA Purchase Applications
 [Bullet] 7:00 ET 

Consumer Price Index
[Consensus]
 [Star] 8:30 ET 

Housing Starts
[Consensus]
 [Star] 8:30 ET 

Industrial Production
[Consensus]
 [Star] 9:15 ET 

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 [Bullet] 10:30 ET 

Beige Book
 [Bullet] 2:00 ET 

 
 
 

 
 

Weekly Bill Settlement

 
 
 
 

 
 
Equity Settlement
04 -17 -2008
Equity Settlement
04 -18 -2008
Equity Settlement
04 -21 -2008
Equity Settlement
04 -22 -2008
Equity Settlement
04 -23 -2008
 
 

 

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BUSINESS WEEK MARKET ANALYSIS

 By Paul Cherney

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