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TOP FINANCIAL NEWS
Dow plunges 679 for 6th triple-digit loss in a row
Wall Street in biggest fall since 1987 crash
BUSINESS
NEWS
After Hours Summary
WB +31% (Citi confirms the co ended negotiations with Wells Fargo on
Wachovia Transaction)
Companies trading higher in after hours in reaction to news:
WB +31% (Citi confirms the co ended
negotiations with Wells Fargo on Wachovia Transaction); CX +4.0%
(reaffirms that the it has slightly exceeded Q3 guidance and that it
remains in compliance at the end of Q3 with financial convenant test);
DECK +4.0% (sees Q3 revs of ~$195 mln vs $175.04 mln First Call
consensus; expects to also exceed its previously issued Q3 EPS growth
target of 12% YoY); MS +2.3% (files 10-Q); LKQX +1.3%
(details Lehman Brothers exposure)...
Companies trading lower in reaction to news
CTX -4.1% (suspends quarterly dividend); SU -1.0%
(reports oil sands production numbers for September 2008).
Earnings
Before:
EMMS, GE, HST
After:
Events
Financial
future & options close early in observance
of Columbus Day


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