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TUESDAY DECEMBER 9  2008 CLICK     HERE TO SEE ECONOMIC         CALENDAR BELOW

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Economic
10:00 Pending Home Sales (Oct.): -2.3% cons.

ICSC-Goldman Store Sales
 [Bullet] 7:45 ET 
Redbook
 [Bullet] 8:55 ET 
Bank of Canada Announcement
 [Bullet] 9:00 ET 
Pending Home Sales Index
[Report]
 [Bullet] 10:00 ET

TOP FINANCIAL NEWS

Morgan Stanley and Merrill chiefs forgo bonuses

BUSINESS NEWS
After Hours Summary
TXN -3.9% (lowers Q4 EPS and revs guidance below consensus)
Companies trading lower in after hours in reaction to earnings
 NSM -7.5%... 
Companies trading higher in after hours in reaction to news
: IDTI +1.0% (issues downside guidance for Q3)...  
Companies trading lower in after hours in reaction to news
: FDX -11.6% (lowers guidance); HTS -5.3% (announces that it plans to sell 6 mln shares of its common stock in an underwritten public offering); RY -4.7% (Royal Bank of Canada announces common share offering); TXN -3.9% (lowers Q4 EPS and revs guidance below consensus); ALTR -1.0% (lowers Q4 revs guidance); MER -2.3% (CNBC confirms that CEO Thain will not receive a bonus for 2008); BAC -1.1% (issues statement regarding Republic Windows and Doors).

Earnings 

Before: ALOG, AZO, HITK, KR, MEI, TTC, MTN

After: ADCT, ARST, COO, FNSR, GIII, OXM, PLL, PLAB, RVI, SAI

Events

SON Analyst Meeting

DAL Analyst Meeting

ARM Analyst Day

Agilent Technologies Analyst Meeting

UMH Properties, Inc Investor Forum

CPB Analysts Meeting

MCK, ALD, JAVA, PFE at Argyle Executive Deal Making in Healthcare Forum

HPQ, VMW, YHOO, JDSU at Barclays Capital Global Technology Conference

OII at Capital One Southcoast Energy Conference

Deloitte Touche Tohmatsu New York Real Estate Industry Update Conference

 

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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  Dec  8 
 
 

 
 

 
 
 
 

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

Redbook
 [Bullet] 8:55 ET 

Bank of Canada Announcement
 [Bullet] 9:00 ET 

Pending Home Sales Index
[Report]
 [Bullet] 10:00 ET 

4-Week Bill Auction
[Bullet] 1:00 ET 

 
 
 
 

 
MBA Purchase Applications
 [Bullet] 7:00 ET 

Wholesale Trade
 [Bullet] 10:00 ET 

EIA Petroleum Status Report
 [Bullet] 10:35 ET 

3-Year Note Auction
[Bullet] 1:00 ET 

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

 
 
 
 

Weekly Bill Settlement

 
Import and Export Prices
[Report]
 [Bullet] 8:30 ET 

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

Jobless Claims
[Consensus]
 [Bullet] 8:30 ET 

RBC CASH Index
 [Bullet] 9:00 ET 

Quarterly Services Survey
 [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 

52-Week Bill Announcement
[] 11:00ET

10-Year Note Auction
[Bullet] 1:00 ET 

Money Supply
 [Bullet] 4:30 ET 

 
 
 
 

 
Producer Price Index
[Consensus]
 [Star] 8:30 ET 

Retail Sales
[Consensus]
 [Star] 8:30 ET 

Business Inventories
[Report]
 [Bullet] 10:00 ET 

Consumer Sentiment (p)
[Report]
 [Bullet] 10:00 ET 

 
Equity Settlement
12 -11 -2008
Equity Settlement
12 -12 -2008
Equity Settlement
12 -15 -2008
Equity Settlement
12 -16 -2008
Equity Settlement
12 -17 -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)