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THURSDAY APRIL 24  2008 CLICK     HERE TO SEE ECONOMIC         CALENDAR BELOW

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Economic
8:30 Durable Orders (Mar.): 0.1% cons.
8:30 Initial Claims: 372K prior
10:00 New Home Sales: 585K cons

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

TOP FINANCIAL NEWS
Fears of bank failures recede
BUSINESS NEWS

Starbucks slashes outlook, blames housing meltdown
Apple profit rises on strong Mac, iPod sales
Amazon's Profit Jumps 30%
AAPL -0.3% and AMZN -5.3% on earnings/guidance
Companies trading higher in after hours in reaction to earnings
 
WIRE
+23.1%; GRA +8.7%; FFIV +7.7%; EQIX +7.0%; SKX +6.8%; ASIA +6.0%; PTEK +5.1%; GDI +4.5%; KEX +4.5%; FMC +3.9%; MLNX +3.4%; TEX +3.3%; PRXL +3.2%; NE +2.6%; STMP +2.5%; CPX +2.4%; AXYS +2.3%; CDNS +2.3%; NEU +2.0%; CTGX +1.8%; HTZ +1.7%; AFL +1.4%; CSGP +1.1%... 
Companies trading down in reaction to earnings
 SCSS -13.0%; PLXS -15.4%; CLDN -8.2%; MCRI -7.9%; ICO -7.3%; TSCO -6.6%; IFSIA -6.0%; BBSI -5.8%; XLNX -5.7%; AMZN -5.2%; PTV -5.0%; EXTR -4.5%; NTRI -3.5%; CNS -3.5%; SANM -3.4%; CMG -3.3%; CTXS -3.2%; BCR -2.9%; PHM -2.6%; MRCY -2.2%; QCOM -2.2%; PNSN -1.8%; EFII -1.7%; AB -1.6%; ADS -1.5%; TQNT -1.4%; RYL -1.4%; NWEC -1.2%; MTSN -1.2%; VIGN -1.1%; BFS -1.0%; AAPL -0.3%... 
Companies trading higher in after hours in reaction to news:
EPIX +17.7% (announces positive results from re-read of Vasovist Phase 3 images); SLTC +9.8% (Steel Partners discloses 10.2% stake in amended 13D filing; up from 8.9% previously reported on 12/31); BVF +9.2% (receives FDA approval for Aplenzin); CDNS +2.3% (names Kevin S. Palatnik as chief financial officer; William Porter to become chief administrative officer)...  
Companies trading lower in reaction to news:
SBUX -10.4% (Lowers Q2 and FY08 guidance); URZ -9.1% (license application accepted for detailed review by Nuclear Regulatory Commission); EWBC -5.3% (to offer $150 million of non-cumulative convertible preferred stock); GOOG -1.0% (responds to DoJ saying they told them beforehand about the YHOO tests—Bloomberg

Earnings

Before: SMLC, FLWS, MMM, ABH, AET, AAI, ALK, MO, AEP, ABI, AIT, ARTG, ABG, AZN, AGIX, AN, AVT, AVX, BLL, BDC, BHE, BDK, BMY, BC, BW, BBW, BG, CCMP, CRR, CSH, CHINA, CRA, CBR, CNH, CCE, CNMD, COP, CNX, CBE, DLX, DO, DRAD, DTG, DDE, DVD, DOW, ELNK, ELON, ECL, ELN, EME, ESV, SSP, EXC, EXR, FLIR, FRPT, F, FO, BEN, GMT, GR, HSY, HUB/B, IKN, IMN, IMCL, IPCC, IART, IDC, IMA, IVZ, ESI, JAKK, JNS, JRC, KDN, KSU, KBW, KEI, KMT, KLIC, FSTR, LLL, LH, LTM, LIFC, LYTS, MDC, MEDE, MLNM, MKSI, MOT, MWIV, NAFC, NWL, NEM, NIHD, NJR, NOC, NCX, OXY, ORI, OHI, OVRL, PTC, PTI, PCCC, PENN, PEP, PLUG, POT, PCH, PLD, QUIX, RHD, RDN, RTN, FRZ, RGC, RSTO, COL, RCL, SWY, SCG, POOL, SHPGY, SI, SPAR, SPR, SWK, HOT, STFC, SSYS, SU, SXCI, SY, SNV, BRLC, SYNT, SYPR, TROW, TASR, TTEC, TNC, TEN, TMO, TRAD, TRV, UNP, USAP, LCC, UST, VDSI, WAB, WCG, WCC, WMAR, WST, WHR, WRLD, XMSR, ZMH, ZOLL

During: AIMC, BPL, HTLD

After: ABAX, AFFX, AYE, AMX, AXP, AFG, ACF, AMGN, ARBA, ARTC, AJG, ASIA, AVID, BIDU, BKUNA, BJRI, EPAY, BTUI, BUCY, BLDR, BLG, CLS, CX, CENX, CF, CTHR, CHRT, CAKE, CHE, CB, CCU, CCO, CNET, COBZ, COHR, COHU, COLM, RIO, CTCT, DVW, CW, DDUP, DCT, DECK, DV, DDR, DXPE, EMN, ELX, EXAR, EZPW, FALC, FIS, FMD, FDRY, GNW, ROCK, HITT, HME, HUBG, IKAN, INSP, IM, INSU, IDTI, ISSI, IBKR, IOM, IRBT, ISTA, XXIA, JJSF, JNPR, KLAC, KNX, LSCC, MEE, MFE, WFR, MELI, MMSI, MTD, MRCL, MSCC, MSFT, MTX, MCRI, MRT, NCI, NTGR, N, NINE, OPWV, OPLK, OSIP, OSG, PKTR, PCTI, PKI, PFWD, PRAA, POWI, PWER, RACK, RMTR, RRC, RVI, RVBD, ROP, RRR, WINS, SCSC, SCRX, CKH, SIGI, SMTL, SIRF, PCU, SPF, STNR, SRCL, SWN, SYNA, TNL, TMA, TZOO, TRMB, GROW, UHS, VSEA, VVUS, VLCM, WRB, WDC, WGL, WLL, WMGI, YRCW, ZIGO

Events

       CS, MER, TWGP, NYX at Worldwide Business Research TradeTech 2008 Conference (Day 3 of 4)

       ETR's 2008 Spring Analyst Conference

       MR at JPMorgan 4th Annual China Conference

       TEC Annual Meeting

       WB, CIB, BCS, BEAS at ICBI Europe's Largest Payments Event, IPS 2008 Conference (Day 3 of 4).

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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)