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EQUITY LETTER

WEDNESDAY  JANUARY 14 2009

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Economic
08:30 Export Prices Ex.-Ag. (Dec.): N/A
08:30 Import Prices Ex.-Oil (Dec.): N/A
08:30 Retail Sales (Dec.): -1.1% cons.
08:30 Retail Sales Ex.-Auto (Dec.): -1.2% cons.
10:00 business Inventories (Nov.): -0.5% cons.
10:35 Crude Inventories

TOP FINANCIAL NEWS

BUSINESS NEWS
After Hours Summary
 C -1.0% (Citigroup and Morgan Stanley confirm they will form wealth management business through joint venture)
Companies trading lower in after hours in reaction to earnings
 LLTC -2.2%... 
Companies trading higher in after hours in reaction to news
: YHOO +3.1% (Yahoo! confirms Carol Bartz Joins as Chief Executive Officer; President Sue Decker will resign)...  Companies trading lower in after hours in reaction to news: BG -4.5% (lowers FY08 EPS guidance below consensus; guides FY09 EPS below consensus); C -1.0% (Citigroup and Morgan Stanley confirm they will form wealth management business through joint venture).

Earnings

Before: AMR, NITE, LCRY

After: CLC, XLNX

Events

WAG Shareholders Meeting

MON Company Annual Shareholders Meeting

HK, PXD, XTO, GDP, EPM at Pritchard Capital Partners LLC 6th Annual Energy Conf.

OCCX, SYMD, CLRT at OneMedPlace Conf.

IDIX, ABMD, BAX, BMRN, ARAY, VPHM at JPMorgan Healthcare Conf.

JCG, VFC, DECK, LTD, PSUN, TRLG, PERY at Integrated Corporate Relations ICR XChange Conf.

OXY, FTI, DRC at Goldman Sachs Energy Conf.

LXS, MEO at Dresdner Kleinwort German Investment Seminar

TM, VC, HTZ, GT, ROC, ARM, DAN at Deutsche Bank Securities 2009 Auto Analysts of New York Detroit Auto Conf.

BZH, HOV, DHI at Credit Suisse Group Homebuilding Conf.

MNKD Investors and Analyst Breakfast Meeting

Fed: Fed's Beige Book; Fed's Stern; Fed's Yellen; Fed's Plosser

The Wall Street Journal Home Page

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MEMORIAL 9 11

DEPOSITARY SHARES

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        MAJOR WORLD INDEXES

 

 

 

 

     

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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

 
 

 

Dennis Lockhart Speaks
12:40 PM ET


 

 
 

 

 

 
Redbook
[Bullet
8:55 AM ET

 

 

 

Jeffrey Lacker Speaks
5:00 PM ET


 


 

 
Retail Sales
[Report][Star]
8:30 AM ET

 

Charles Plosser Speaks
8:30 AM ET


 

 

Gary Stern Speaks
1:00 PM ET


 
Beige Book
[Bullet
2:00 PM ET
 

Weekly Bill Settlement

 

 

 

 
Jobless Claims
[Report][djStar]
8:30 AM ET

 
RBC CASH Index
[Bullet
9:00 AM ET

 

 

 

 

Dennis Lockhart Speaks
1:40 PM ET


 
Money Supply
[Bullet
4:30 PM ET
 

 

 

 

 

Jeffrey Lacker Speaks
12:15 PM ET



SIFMA Rec. Early Close 2:00 ET
 

Equity Settlement
1-15-09
Equity Settlement
1-16-09
Equity Settlement
1-20-09
Equity Settlement
1-21-09
Equity Settlement
1-22-09

 

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)