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WEDNESDAY DECEMBER 3  2008 CLICK     HERE TO SEE ECONOMIC         CALENDAR BELOW

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Economic
08:15 ADP Employment (Nov.): -173K cons.
08:30 Productivity-Rev. (Q3): 0.9% cons.
10:00 ISM Services (Nov.): 42.6 cons.
14:00 Fed’s Beige Book

TOP FINANCIAL NEWS

BUSINESS NEWS

After Hours Summary
 MRVL +12.9% on earnings and guidance; AIG +1.6% on lauch of financing entity for purchase of CDOs; BBBY -0.9% on downside Q3 EPS guidance

Companies trading higher in after hours in reaction to earnings
 MRVL +12.9%; CBAK +4.0%...
Companies trading lower in after hours in reaction to earnings
 OVTI -12.4%; GLAD -8.7%; SIGM -0.8%...
Companies trading higher in after hours in reaction to news
: FLO +1.8% (reaffirms guidance for 2008 and 2009); AIG +1.6% (announces launch of financing entity for purchase of multi-sector CDOs); STZ +1.56% (guides FY09 EPS above consensus; increases free cash flow guidance due to foreign exchange hedge gains); TD + 0.8% (finalizes size of common share offering); F +0.74% (Pelosi believes an intervention will happen, says it is clear that bankruptcy is not an option)...
Companies trading lower in after hours in reaction to news
: SCMP -12.9% (completes enrollment in Phase 3 pivotal studies of oral lubiprostone to treat opioid; phase 3 efficacy data expected in summer 2009); HE -9.5% (plans to offer 4,250,000 shares of common stock in registered public offering); OZRK -1.01% (announces preliminary approval for capital purchase program); BBBY -0.9% (issues downside EPS guidance for Q3).

Earnings

Before: DLM, POWL, SYNO

After: ARO, AVAV, CWST, CASY, PSS, CPRT, DMND, DDMX, GIL, JAS, SNPS

Events

BRKR, CAH, COV, GPRO, ILMN at DB Technology Investor Day Conf.

DF, INTC, CAG at Green Power Corporate Water Footprinting Conf.

Green Power Solar Innovation & Investment Conf.

IEEE GLOBECOM Conf; INSM at Sanford C. Bernstein & Co. Biosimilars Long View Conf.

Merrill Lynch Energy Conf.

Nasdaq International Investor Conf.

UBS LAT/EMEA Conf.

AVY, ROG, NOC at ID TechEx Ltd Printed Electronics Investment Summit

DLR, NTAP, STJ at Gartner Data Center Conf.

SGMO BioSciences Analyst Meeting

AGU, MOS, CF, NTS at Citi Chemicals Conf.

HI Analyst Day Standard & Poors Bank Conf.

FBR Investor Conf.

FLR, SBNY, TMA, FCX, RDN, ALD at FBR Investor Conf.

EGN Investor Meeting

MSFT, UNTD, FIS, NT at Credit Suisse Technology Conf.

XEL New York Investor Meeting

Fed: Fed's Beige Book

 

 

 

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        MAJOR WORLD INDEXES

 

 

 

 

     

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STOCK MARKET TOOLS

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  Dec  1 
 
 
 

 
 

2-Year Note Settlement
5 Yr Note Settlement


 
Construction Spending
[Report]
 [Bullet] 10:00 ET 

ISM Mfg Index
[Consensus]
 [Star] 10:00 ET 

4-Week Bill Announcement
[Bullet] 11:00 ET 

3-Month Bill Auction
[Bullet] 1:00 ET 

6-Month Bill Auction
[Bullet] 1:00 ET 

 
 
 

 
 

 
Motor Vehicle Sales
 

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

Redbook
 [Bullet] 8:55 ET 

4-Week Bill Auction
[Bullet] 1:00 ET 

 
 
 

 
 

 
 
 
 

Weekly Bill Settlement

 
Chain Store Sales
 

Monster Employment Index
 [Bullet] 6:00 ET 

BOE Announcement
 [Bullet] 7:00 ET 

ECB Announcement
 [Bullet] 7:45 ET 

Jobless Claims
 [Bullet] 8:30 ET 

Factory Orders
[Consensus]
 [Bullet] 10:00 ET 

EIA Natural Gas Report
 [Bullet] 10:35 ET 

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

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

Treasury STRIPS
[Bullet] 3:00 ET 

Money Supply
 [Bullet] 4:30 ET 

 
 
 
 

 
Employment Situation
[Consensus]
 [Star] 8:30 ET 

Consumer Credit
[Report]
 [Bullet] 3:00 ET 

 
Equity Settlement
12 -04 -2008
Equity Settlement
12 -05 -2008
Equity Settlement
12 -08 -2008
Equity Settlement
12 -09 -2008
Equity Settlement
12 -10 -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)