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  THURSDAY  MARCH 4  2010

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Economic
08:30 Initial Claims: 475K cons.
08:30 Continuing Claims: 4617 prior
08:30 Productivity-Rev. (Q4): 6.2% cons.
08:30 Unit Labor Costs (Q4): -4.4% cons.
10:00 Factory Orders (Jan.): 1.2% cons.
10:00 Pending Home Sales (Jan.): 1.7% cons

TOP FINANCIAL NEWS

Baxter International Has Room to Run

BUSINESS NEWS

Standard & Poor’s Announces Changes to U.S. Indices

Transatlantic Holdings Inc. (TRH) will replace Encore Acquisition Co. (EAC) in the S&P MidCap 400 index after the close of trading on Tuesday, March 9. S&P 500 constituent Denbury Resources Inc. (DNR) is acquiring Encore Acquisition in a deal expected to be completed on or about that date, pending final approvals. S&P MidCap 400 constituent ONEOK Inc. (OKE) will replace The Black & Decker Corp. (BDK) in the S&P 500 index, S&P SmallCap 600 constituent Greenhill & Co. Inc. (GHL) will replace ONEOK in the S&P MidCap 400, and Powell Industries Inc. (POWL) will replace Greenhill & Co. in the S&P SmallCap 600 index after the close of trading on Friday, March 12. Black & Decker is being acquired by S&P 500 constituent The Stanley Works (SWK) in a deal expected to be completed on or about that date, pending final approvals

After Hours Summary

PETM +10.8% and TTWO +5.9% on Earnings/Guidance
Companies trading higher in after hours in reaction to earnings
 DIVX +15.6%, PETM +10.8%, CWTR +7.2%, TTWO +5.9%, SIGM +5.6%, FL +1.8%... 
Companies trading lower in after hours in reaction to earnings
ANPI
-22.1%, DAR -7.7%, SINA -4.8%... 
Companies trading higher in after hours in reaction to news
: DNDN +3.0% (presents updated IMPACT results confirming PROVENGE improves overall survival in patients with metastatic castrate-resistant prostate cancer), PCX +1.3% (Patriot Coal's federal mine resumes operation).

Earnings

Before: ECOL, ARIA, AACC, ATPG, FLY, BRLI, CNQ, CIEN, CNSL, CRTX, DLM, ELMG, FSYS, GCO, GRB, GPX, HEES, HDIX, ISPH, MED, MEI, MITI, MDS, TYPE, NAFC, BABY, ORN, OSTK, PPCO, PRFT, RBA, GASS, STP, SXCI, TK, RMIX, USPH, URBN, WW, WEN, WNR

After: JOBS, AHS, ARST, ATHN, CPC, COO, DEPO, DXCM, BOOM, EBS, ERII, EQY, EXEL, GOK, GA, GMXR, IDSY, INXI, MMLP, MRVL, MCGC, MDSO, MENT, MIDD, MOVE, NCMI, PCTI, SONE, SGK, SLW, SPWRA, UDRL

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MNTG, PERY, CBRL, DLA at Keybanc Capital Markets Consumer Conf.
BDX, GIVN, WAT, COV at Morningstar, Inc. Healthcare Conf.
FED: Fed's Bullard

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BUSINESS WEEK MARKET ANALYSIS

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