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  WEDNESDAY  MARCH 3  2010

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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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Monday Mar 1

 
 

 

 
ISM Mfg Index
[Report][Star]
10:00 AM ET

 

 

 

 
 

 

 

 
Redbook
[Bullet
8:55 AM ET

 

 

Eric Rosengren Speaks
1:00 PM ET



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2:00 PM ET


 

 

 

 

Richard Fisher Speaks
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Dennis Lockhart Speaks
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Beige Book
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2:00 PM ET
 

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[Report][djStar]
8:30 AM ET

 

 
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9:00 AM ET

 

 
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10:00 AM ET

 

 

 

 

 

 

 

Charles Evans Speaks
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Money Supply
[Bullet
4:30 PM ET
 

 

 
 
Equity Settlement
3-04-10
Equity Settlement
3-05-10
Equity Settlement
3-08-10
Equity Settlement
3-09-10
Equity Settlement
3-10-10

 

the market

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Advanced Sectors Sectoring by Industry Group

BUSINESS WEEK MARKET ANALYSIS

 By Paul Cherney

 Economic Indicators

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