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EQUITY LETTER

DAY    TUESDAY  JANUARY 27 2009

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Economic
09:00 Consumer Confidence (Jan.): 38.0 cons.
09:00 S&P/Case Schiller Composite (Nov.): -18.04% prior

TOP FINANCIAL NEWS

Gloom deepens as 76,000 global jobs go

Thain admits $1.2m office refit ‘mistake’

BUSINESS NEWS

Rohm & Haas asks court to enforce Dow deal

After Hours Summary

 AXP +2.4% on earnings; TXN +4.9% on earnings/guidance

Companies trading higher in after hours in reaction to earnings: SLG +10.0%; NFLX +7.6%; TXN +4.9%; ZION +4.7%; AXP +2.4%...  Companies trading lower in after hours in reaction to earnings: QLGC -4.7%; VMW -2.0%... 
Companies trading higher in after hours in reaction to news
 KWK +4.0% (S&P reports negative rating actions; KWK to 'B+/Negative/--'from 'BB-/Stable)... 
Companies trading lower in after hours in reaction to news
|
GNW -11.5% (amends $1.4 bn credit facility); WLL -9.9% (announces 8 mln share public offering of common stock...  S&P reports negative rating actions; WLL to 'BB-/Negative/--'from 'BB-/Stable); SLW -4.9% (announces C$250 million bought deal financing

Earnings 

Before:

 AKS, ASH, AVY, BMS, BJS, BMY, CP, CRS, GIB, CHKP, CCUR, CVG, CBE, DAL, DD, EMC, ENR, FCFS, FMER, FPL, GKSR, HSY, KCI, LXK, MHP, NNDS, NUE, NVR, NYB, BTU, PBG, PTEC, PRSP, RYN, SI, STJ, STE, TLAB, TIN, TRV, TUES, X, VLO, VZ, WDR, WAT

After:

ALTR, AMLN, BBOX, CHRW, CLMS, ELY, CALD, CTX, CNB, CSGS, DV, ETFC, ELX, GILD, HTCH, ISSI, JBHT, KEYN, MRTN, MRCY, MOLX, NAL, NSC, OPWV, PMTC, PLT, RFMD, RKT, SBCF, TSFG, SFG, STSA, STM, SYK, JAVA, TSS, TRMK, VPRT, WBSN, YHOO

Events

SNX Corporation Analyst Meeting

DMND Analyst Meeting

GMR Analyst Meeting

GNK Analyst Meeting

ANW Analyst Meeting

PBR Analyst Meeting to discuss 2009-2013 Business Plan

DBRN, COH, JNY, HD, WRC at Telsey Advisory Group Management Access Symposium

AVA at International Quality & Productivity Center Tactical Power Sources Summit

AES, D, PGN at Infocast Biomass Finance & Investment Summit

HBAN, BLK, COF, ICE, ZION at Citi 2009 Financial Services Conf.

BCS at American Bankers Association Risk Management Annual Conf.

Fed: FOMC Meets; FOMC releases decision on benchmark U.S. interest rate; $40 bln 2-yr Note Auction

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2008 U.S. Economic Events & Analysis
Monthly Weekly Daily Today 12:03 AM ET << 2008
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 Jan 26

 
 

 

 
Leading Indicators
[Report][Bullet
10:00 AM ET

 

 

 

 
 

 

 

 
Redbook
[Bullet
8:55 AM ET

 

 

 
2-Yr Note Auction
[Bullet
1:00 PM ET
 

 

 

 
 

Weekly Bill Settlement

 

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

 
New Home Sales
[Report][djStar]
10:00 AM ET

 

 

 

 
5-Yr Note Auction
[Bullet
1:00 PM ET

 
Money Supply
[Bullet
4:30 PM ET
 

 
GDP
[Report][Star]
8:30 AM ET

 

 
NAPM-Chicago
[Report][Bullet
9:45 AM ET

 

 
Farm Prices
[Bullet
3:00 PM ET
 
Equity Settlement
1-29-09
Equity Settlement
1-30-09
Equity Settlement
2-2-09
Equity Settlement
2-3-09
Equity Settlement
2-4-09

 

 

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)