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TUESDAY APRIL 22  2008 CLICK     HERE TO SEE ECONOMIC         CALENDAR BELOW

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Economic 
10:00 Existing Home Sales (Mar.): 4.95M cons

Existing Home Sales
[Report]
 [Bullet] 10:00 ET 
State Street Investor Confidence Index
TOP FINANCIAL NEWS
Opec supply concerns push oil above $117
BUSINESS NEWS

After Hours Summary: TXN -2.2%, NVLS -5.7% and NFLX -13.3% on earnings/guidance; CIT -13.7% (announces concurrent offerings of common stock and convertible preferred stock, for an aggregate of $1 bln)
Companies trading higher in after hours in reaction to earnings
 CVTI +21.6%; ZRAN +12.4%; VLTR +10.1%; BSX +5.5%; NBR +4.1%; WGOV +4.0%; CE +3.2%; ALB +2.2%; STLD +1.5%; CR +1.2%...  
Companies trading down in reaction to earnings
 OMCL -25.6%; NFLX -13.3%; QI -13.2%; NVLS -5.7%; MSPD -5.2%; VNUS -4.5%; CNI -4.3%; TXN -2.2%, USNA -1.6%; ARTC -1.3%; HXL -1.2%; OMI -1.1%... 
Companies trading higher in after hours in reaction to news
 BMTI +12.1 (Receives Written Communication from FDA Confirming Status of Ongoing Pivotal Trial for GEM OS); FOE +10.9% (raises Q1 guidance); IFX +2.2% (prepares for disposal and deconsolidation of Qimonda; will record a write-down of euro 1 billion; FY08 EBIT guidance remains unchanged); WBS +1.0% (announces retirement of President and Chief Operating Officer)... Companies trading lower in reaction to news
 CIT
-13.7% (announces concurrent offerings of common stock and convertible preferred stock, for an aggregate of $1 bln); QI -13.2% (operations and balance sheet unaffected by IFX's write-down); BRKR -11.7% (announces foreign exchange losses in Q1 of 2008 and provides Q1 guidance, sees revs $235-240 mln vs $243.12 mln First Call consensus); ALO -5.6% (to withdraw and resubmit its New Drug Application for EMBEDA); BUF -3.5% (files S-3 relating to the offering of up to ~3.2 mln shares of common stock by the selling shareholders); GENZ -2.6% (announces the FDA has informed co that Myozyme produced at the 160L bioreactor scale and Myozyme produced at the 2000L scale should be classified as two products); TRBN -1.5% (announces initiation of Phase 1 study of SBI-087 for the treatment of Rheumatoid Arthritis); ALL -1.2% (Allstate denied rehearing in Florida court case -- Bloomberg).

Earnings

Before: AKS, AXE, ARB, ASTE, T, AUO, ALV, AVY, BHI, BKRS, BJS, EAT, CP, CSL, CE, CNC, CME, COH, CPO, CFC, DD, ECA, FITB, FMER, GNTX, HSC, HBAN, IEX, IIVI, JEC, JEF, JBLU, JRN, KELYA, KMB, KCI, KVHI, LAB, LXK, LMT, MCD, MDP, MICC, NCC, NS, OMC, OXPS, PCAR, PH, BTU, PNR, PAS, PTEC, RYN, ROH, SSW, SHW, SII, SNA, STI, TCB, TLAB, UAUA, UNH, USG, WDR, WAT, WU, WTNY, WYE

After: RNT, AMSG, ANAD, ANEN, BRCM, CHRW, CDNS, CLMS, CLZR, CRI, CEC, CERN, CREE, CSGS, CAO, CYMI, DFG, EGP, EW, WIRE, ENTU, FCFS, FBC, FULT, HBHC, HGIC, IBKC, ILMN, INFN, IVGN, LDSH, LDIS, MANH, MOLX, NARA, NETL, NSC, NUVA, ODFL, ONNN, ORLY, PXLW, PPDI, RJF, RCRC, RHI, SEAB, SIAL, SIMG, SWKS, SSCC, TCO, TER, TRMK, TUP, VFC, VMW, VOCS, XL, YHOO, YUM, ZHNE

      Events

      ALO, LEH at Sachs Associates European Life Science CEO Forum

       AVAN at Zangani World Vaccine Congress (Day 2 of 4)

       AVR at Agra Informa Ethanol Market Dynamics Conference

       BK, PYPL at ICBI Europe's Largest Payments Event, IPS 2008 Conference (Day 1 of 4)

       CLB, SYN, MEDP, CALB at Biotechnology Industry Organization BIO National Venture Conference

       CS at Private Equity International Forum

       Asia 2008

       CSCO, BCSI, CHKP, GTSI, MSFT, ORCL at Government Technology Kentucky Digital Government Summit

       GXP at Edison Electric Institute Keeping the Lights On—Our National Challenge Conference

       HIT at NEC Corporation at Business Continuity Management Conference & Expo 2008

       MR at JPMorgan 4th Annual China Conference

       QCOM, RIMM, SKM, SY, CSCO at Dow Jones Newswires Wireless Innovations Conference

       URBN at UBS Retail Softlines/Hardlines Conference

       URS Corp. Analyst and Investor Day.

 

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2008 U.S. Economic Events & Analysis

Monday  Apr  21 
 
 

 
 

 
 
 
 

 
 
 
 

 
 
 
 

Weekly Bill Settlement

 
Durable Goods Orders
[Consensus]
 [Star] 8:30 ET 

Jobless Claims
[Consensus]
 [Bullet] 8:30 ET 

Help Wanted Index
 [Bullet] 10:00 ET 

New Home Sales
[Report]
 [Bullet] 10:00 ET 

EIA Natural Gas Report
 [Bullet] 10:30 ET 

3-Month Bill Announcement
[Bullet] 11:00 ET 

6-Month Bill Announcement
[Bullet] 11:00 ET 

5-Year Note Auction
[Bullet] 1:00 ET 

Money Supply
 [Bullet] 4:30 ET 

 
 
 
 

 
Consumer Sentiment
[Report]
 [Bullet] 10:00 ET 

 
Equity Settlement
04 -24 -2008
Equity Settlement
04 -25 -2008
Equity Settlement
04 -28 -2008
Equity Settlement
04 -29 -2008
Equity Settlement
04 -30 -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)