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EQUITY LETTER

WEDNESDAY JUNE 10  2009

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Economic
08:30 Trade Balance (Apr.): -$28.7B cons.
10:30 Crude Inventories: +2.87M prior
14:00 Treasury Budget (May): -$175.0B cons.
14:00 Fed’s Beige Book

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BUSINESS NEWS

After Hours Summary
 CI -1.6% (expects to reaffirm consolidated adjusted income from operations estimates for full year 2009
Companies trading lower in after hours in reaction to earnings
|
NCS
-12.6%; SINA 3.5%... 
Companies trading lower in after hours in reaction to news: CNB -31.4% (announces a 6.5 mln share common stock offering pursuant to its effective shelf); LHO -8.0% (announces a 6.5 mln share common stock offering pursuant to its effective shelf); SGY -5.7% (announces public offering of 6 mln shares of common stock); AMP -5.6% (announces $900 million offering of common stock); CI -1.6% (expects to reaffirm consolidated adjusted income from operations estimates for full year 2009 -- 8-K filing);

Earnings

Before: BF/B, STEI

After: MEAS, MW

Events

CA, CIEN, YHOO, BRCM at RBC Capital Technology, Communications and Media Conf.

MA, V, MDT, NILE at William Blair & Company Growth Stock Conf.

SAP, AMAT, SY, ATHR at UBS Technology and Service Conf.

CNW, CLDN, GMR, EGLE at Bank of America and Merrill Lynch Global Transportation Conf.

CELG, MNKD, DEPO, CLDX at Needham & Company Biotechnology & Medical Technology Conf.

Deutsche Bank Securities Alternative Energy/Clean Tech Conf.

HD Investor Analyst Conf.

AMGN, ABT, HUM, WLP at Goldman Sachs Global Healthcare Conf.

JWN, JCP, PNRA, JCP at Piper Jaffray Consumer Conf.

CNK, YHOO, RAX at Credit Suisse Group Convergence Conf.

AGU Investor Day

BGF, JMBA, MSSR, PNRA at NASDAQ OMX Third Annual Food and Restaurant Industry Forum

FED: Fed's Lacker; Fed's Duke; $19 bln 10-yr Treasury Note Auction

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2009 U.S. Economic Events & Analysis
Monthly Weekly Daily Today 3:41 PM ET
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
Monday Jun 8

 
 

 

 

 
 

 

 
Redbook
[Bullet
8:55 AM ET

 
Wholesale Trade
[Bullet
10:00 AM ET

 

 
 

 

Charles Evans Speaks
8:00 AM ET


 

 

 

 

 
Beige Book
[Bullet
2:00 PM ET

 
 

Weekly Bill Settlement

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

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

 
RBC CASH Index
[Bullet
9:00 AM ET

 

 

 

 

 

Dennis Lockhart Speaks
1:05 PM ET


 
Money Supply
[Bullet
4:30 PM ET
 

 

 
 
Equity Settlement
6-11-09
Equity Settlement
6-12-09
Equity Settlement
6-15-09
Equity Settlement
6-16-09
Equity Settlement
6-17-09

 
 

 

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)