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Economic
07:30 Challenger Job Cuts YoY (Feb.):
-70.4% prior
08:15 ADP Employment Change (Feb.): -10K cons.
10:00 ISM Services (Feb.): 51.0 cons.
10:30 Crude Inventories: 3.03M prior
14:00 Fed’s Beige Book (Mar.): N/A
TOP FINANCIAL NEWS
NOVL
+27.0% (Elliott Offers to Acquire Novell for $5.75 per share in cash,
BUSINESS
NEWS
After Hours Summary
HOV +2.5% on Earnings, NOVL +27.0% (Elliott Offers to Acquire NOVL for
$5.75 per share in cash)
Companies trading higher in after hours in reaction to
earnings
HOV +2.5%, URS
+0.8%...
Companies trading lower in after hours in reaction to earnings
VISN -19.6%, JAKK -5.4%, NKTR
-3.2%...
Companies trading higher in after hours in reaction to news:
NOVL +27.0% (Elliott Offers to Acquire
Novell for $5.75 per share in cash, which implies an enterprise value
net of cash of $1.0 bln)...
Companies trading lower in after hours in reaction to news:
ATHN -3.6% (AthenaHealth files to delay its 10-k), CTRP -2.5%
(files 6-K announcing secondary offering of 5.7 mln ADS).
Hovnanian Entrpr is ticking higher following earnings
Other construction/homebulder related names to watch
include: SPDR S&P Homebuilders (XHB), RYL, MTH, MHO, LEN, HOV, TOL, MDC,
PHM, DHI, SPF, CHCI, BZH
The
Implosion
Continues at
RealNetworks
Earnings
Before:
ARD, BIG, BJ,
BWS, CSIQ,
CRZO, CMED,
COST, DIN,
JOYG, LINC,
LOJN, MFB,
NNI, NZ,
POZN,
RIMG
After:
AIQ, AIMC,
ARII, CBEY,
CRA, CWTR,
CCIX, CMTL,
CCRN, DAR,
DPM, DIVX,
DDMX, DAVE,
FNSR, FL,
FTEK, HMIN,
JAZZ, LHCG,
NGS, PETM,
SIGM, SINA,
SUNH, TTWO,
TCAP, VM,
VOLC, WCAA,
AUY
Events
NYX Investor
Day
WYN, MYD,
MGM, PENN at
Deutsche
Bank
Hospitality
& Gaming
Conf.
DTV, DELL,
ROVI, EMC at
Morgan
Stanley
Technology,
Media &
Telecom
Conf.
FED:
Fed's Beige
Book


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