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WEDNESDAY AUGUST 13  2008 CLICK     HERE TO SEE ECONOMIC         CALENDAR BELOW

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Economic
08:30 Export Prices Ex.-Ag. (Jul.): 0.9% prior
08:30 Import Prices Ex.-Oil (Jul.): 0.9% prior
08:30 Retail Sales (Jul.): 0.5% cons.
08:30 Retail Sales Ex.-Auto (Jul.): 0.6% cons.
10:00 Business Inventories Jun.): 0.5% cons.
10:35 Crude Inventories 1614K prior

MBA Purchase Applications
 [Bullet] 7:00 ET 
Import and Export Prices
[Report]
 [Bullet] 8:30 ET 
Retail Sales
[Consensus]
 [Star] 8:30 ET 
Business Inventories
[Report]
 [Bullet] 10:00 ET 
EIA Petroleum Status Report
 [Bullet] 10:35 ET 

TOP FINANCIAL NEWS

BUSINESS NEWS

CVS buys Longs Drug Stores for $71.50

After Hours Summary
 NVDA +10.3%; CREE +9.6% on earnings/guidance; LDG +29.9% (to be acquired by CVS for $71.50 per share)

Companies trading higher in after hours in reaction to earnings
 DISK +19.7%; CFSG +10.9%; LFT +10.8%; NVDA +10.3%; CREE +9.6%; AMAT +4.4%; APEI +2.5%...
Companies trading lower in after hours in reaction to earnings
 TWB -16.9%; PODD -15.5%; ERII -9.6%; SATC -6.9%; ULTR -2.3%; SRX -2.2%; ICXT -1.8%; BOBE -1.8%; CRME -1.1%... 
Companies trading higher in after hours in reaction to news
: LDG +29.9% (to be acquired by CVS for $71.50 per share)...  Companies trading lower in reaction to news
 WCG -9.0% (files NT 10-Q and expects to see "substantially" lower 2Q net); CBMX -6.7% (files for $100 mln common stock offering); FOE-2.3% (announces $150 mln convertible debt offering); EZPW -1.4% (Value Pawn confirms it terminated proposed merger with EZCorp).

Earnings

Before: BVF, BRCD, CSIQ, CFSG, DE, GIL, HQS, IGLD, LIZ, M, MAG, PAAS, PTI, QUIX

After:  ANW, ARTC, CAI, GRRF, CLNE, CTRP, GA, IPCM, LDG, MIPS, NTES, NTAP, NOA, PLAB, SPRD, TTGT, CHIP, VM, WNS

Events

BNVI, CYBX, SPWR, TSYS, WGBS, VRTX at CanaccordAdams Annual Global Growth Conf.

FDA, DVAX, CEGE at Cambridge Healthtech Institute Immunotheraptherapeutics & Vaccines Conf.

NAV, GM, ARM, F, GMAC, AXL, GT, GPC, VC at JPMorgan Harbour Auto Conf.

TEX at Credit Suisse Group Electrical Equipment and Multi-Industry and Machinery Conf.

TEX at Jefferies & Co. 4th Annual Industrial CEO Summit

VQ, WG, CPE, HNR, ATPG, HK at EnerCom Oil & Gas 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  Aug  11 
 
 

 
 

 
 
 
 

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

International Trade
[Consensus]
 [Star] 8:30 ET 

Redbook
 [Bullet] 8:55 ET 

4-Week Bill Auction
[Bullet] 1:00 ET 

Treasury Budget
[Report]
 [Bullet] 2:00 ET 

 
 
 
 

 
 
 
 

Weekly Bill Settlement

 
 
 
 

10 Yr Note Settlement

30 Yr Bond Settlement


 
Equity Settlement
08 -14 -2008
Equity Settlement
08 -15 -2008
Equity Settlement
08 -18 -2008
Equity Settlement
08 -19 -2008
Equity Settlement
08 -20 -2008

 

 

the market

MARKET UPDATES

Advanced Sectors Sectoring by Industry Group

BUSINESS WEEK MARKET ANALYSIS

 By Paul Cherney

 Economic Indicators

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     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)