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FRIDAY JULY 25  2008 CLICK     HERE TO SEE ECONOMIC         CALENDAR BELOW

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Economic 
8:30 Durable Orders (Jun.): 0.1% cons.
10:00 Michigan sentiment (Jul.): N/A
10:00 New Homes Sales (Jun.): 505K cons

Durable Goods Orders
[Consensus]
 [Star] 8:30 ET 
Consumer Sentiment
[Report]
 [Bullet] 10:00 ET 
New Home Sales
[Report]
 [Bullet] 10:00 ET

TOP FINANCIAL NEWS

WaMu spokesman: no need to rely on outside funding sources

BUSINESS NEWS
After Hours Summary
JNPR +12.1%; RVBD +10.4% WYNN -2.3%, RMBS -1.4% on earnings; WDC -9.4%; SNV -3.3%; FLEX -2.0%, BMC -2.7% on earnings/guidance; CROX -43.9% (issues downside guidance)

Companies trading higher in after hours in reaction to earnings
 XXIA +16.5%; JNPR +12.1%; SIMG +10.8%; RVBD +10.4%; NUVA +9.6%; DDUP +7.2%; VISN +6.9%; AVID +6.7%; MCHP +6.1%; MSCC +5.9%; MTD +4.9%; ENWV +4.6%; PLXS +4.3%; BUCY +4.0%; QCOR +4.0%; ANGO +3.6%; MCRL +3.5%; BKHM +3.5%; TYL +3.3%; PWER +3.3%; NTCT +2.4%; EZPW +2.2%; SONO +2.1%; EXM +1.9%; BNI +1.8%; WOOF +1.7%; BEZ +1.6%; HITT +1.4%... 
Companies trading lower in after hours in reaction to earnings
 CPHD -23.7%; AFFX -17.7%; ABAX -17.2%; IBKR -14.8%; SIRF -12.3%; POWI -11.6%; VSEA -11.1%; EPIC -10.2%; COLM -10.1%; WDC -9.4%; VLCM -9.3%; JMBA -5.9%; ACTG -5.6%; CB -5.5%; NETL -4.9%; ESIO -4.5%; VSH -3.9%; LSCC -3.6%; SNV -3.3%; BMC -2.7%; CLS -2.4%; WYNN -2.3%; CYMI -2.2%; FLEX -2.0%; RMBS -1.4%...  Companies trading higher in after hours in reaction to news: CROX -43.9% (issues downside guidance); SGLP -14.1% (discloses information related to credit agreement; also discloses SEC inquiry, Grand Jury subpoenas); ANF -3.9% (discloses Michael Kramer, Executive Vice President and CFO intends to resign); WM -1.2% (Moody's Places WaMu Covered Bonds on Review for Possible Downgrade)... 
Companies trading lower in reaction to news
 IFC +12.1% (announces major strategic restructuring to refocus on small business and local community banking); HUN +5.5% (discloses that it has sent letter to Craig Morrison of Hexion and Joshua Harris of Apollo requesting Hexion's consent to share Hexion confidential information with potential investors); DVA +4.2% (DaVita (DVA) will replace Clear Channel in the S&P 500); NSIT +3.9% (guides Q2 EPS above consensus; reaffirms FY08 above consensus); PCX +3.1% (declares 2 for 1 stock split); ABFS +3.0% (announces the co names Wesley B. Kemp ABF President and COO).

Earnings 

Before: ACPW, AL;EX, AXL, B, BEC, BLC, BDK, CRDN, SUR, CVH, FSS, FO, IDXX, ITT, LNCE, MBFI, MOG/A, NFLX, NS, NWN, SAIA, SRP,TROW, VVI

After: PAR, GU

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Knight Capital Group, Inc. - Acorn Energy Roadshow (New York) (Day 3 of 3)

SMX CORP Local and Mobile Conf

 

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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  Jul  21 
 

 
 

 
 
 

 
 

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

Redbook
 [Bullet] 8:55 ET 

State Street Investor Confidence Index
 [Bullet] 10:00 ET 

4-Week Bill Auction
[Bullet] 11:30 ET 

20-Year TIPS Auction
[Bullet] 1:00 ET 

 
 
 
 

 
MBA Purchase Applications
 [Bullet] 7:00 ET 

EIA Petroleum Status Report
 [Bullet] 10:35 ET 

2-Year Note Auction
[Bullet] 1:00 ET 

Beige Book
 [Bullet] 2:00 ET 

 
 
 
 

Weekly Bill Settlement

 
 
 
 

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

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

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

 
Equity Settlement
07 -24 -2008
Equity Settlement
07 -25 -2008
Equity Settlement
07 -28 -2008
Equity Settlement
07 -29 -2008
Equity Settlement
07 -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)