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EQUITY LETTER

  FRIDAY SEPTEMBER 11  2009

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Economic
08:30 Export Prices Ex.-Ag. (Aug.): 0.2% prior
08:30 Import Prices Ex.-Oil (Aug.): -0.2% prior
09:55 Michigan Sentiment (Sep.): 67.8 cons.
10:00 Wholesale Inventories (Jul.): -1.0% cons.
14:00 Treasury Budget (Aug.): -162.0B cons

TOP FINANCIAL NEWS

Obama to give speech Monday on financial crisis

BUSINESS NEWS

After Hours Summary
 STLD +0.8% on increased guidance; QDEL +12.3% on strong demand for Flu tests
Companies trading higher in after hours in reaction to earnings
STLD
+0.8% (increased guidance above consensus)... Companies trading lower in after hours in reaction to earnings:
NSM -1.4%...
Companies trading higher in after hours in reaction to news
: QDEL +12.3% (anticipates "record quarterly results" driven by strong demand for Flu tests).

Earnings

Before: ACET, BRC, CPB

After:

Events

HBC Analyst Meeting

RCNI, PSEM, DLR, ACN at Kaufman Brothers Investor Conf.

ICUI, SUPX, ABAX, FSYS at Sidoti Institutional Investor Forum

CERN, AMGN, MCK, CVS at Thomas Weisel Partners Healthcare Conf.

CDR, EPR, IRC, CLP at BMO Capital Markets North American Real Estate Conf.

AKNS, FCEL, ENS, ASTI at Ardour Capital/Baker & McKenzie 7th Annual Energy Technology Conf.

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  Equity Settlement
9-11-09
Equity Settlement
9-14-09
Equity Settlement
9-15-09
Equity Settlement
9-16-09

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)