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  THURSDAY  MARCH 25  2010

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Economic

08:30 Initial Claims: 450K cons.
08:30 Continuing Claims: 4560K cons.

TOP FINANCIAL NEWS

Euro plunges on doubts over Greece aid

Nasdaq short interest slips in mid-March

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A Small Wireless Stock With Big Potential
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BUSINESS NEWS

After Hours Summary
 RHT -3.5% on Earnings/Guidance; SLXP +6.7% (FDA approves XIFAXAN
Companies trading higher in after hours in reaction to earnings
OMN
+8.1%... 
Companies trading lower in after hours in reaction to earnings
 RHT -3.5%... 
Companies trading higher in after hours in reaction to news
: SLXP +6.7% (FDA approves XIFAXAN 550 MG tablets for reduction in risk of overt hepatic encephalopathy (HE) recurrence), ETM +4.7% (pops 5% to $11.74 after Cramer said political radio ad spending will be "off the charts' which will benefit ETM -- CNBC)...  RTN +1.6% (increases dividend 21% to $1.51; co also announces new $2.0 bln share repurchase plan), PDLI +0.7% (clarifies $13.00 cost basis in Facet Biotech)... 
Companies trading lower in after hours in reaction to news
: MELA -21.9% (co received additional questions from FDA regarding the review status of the PM) application of its MelaFind device for early melanoma detection), FHN -3.0% (discloses two subsidiaries along with an executive officer received written "Wells" notices

Earnings

Before: ADES, BBY, CAG, CONN, FRED, GIII, LULU, MKC, NGPC, SCHL, TXI, UTIW

After: COMS, CAN, APP, FINL, INXI, ORCL, PBY, RUBO, SNX, TIBX, WTSLA

Events
SRE Analyst Meeting
ABD, BGS, DLM, URI at Barclays Capital High Yield Bond and Syndicated Loan Conf.
POL at BB&T Capital Markets Commercial & Industrial Conf.

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Equity Settlement
3-25-10
Equity Settlement
3-26-10
Equity Settlement
3-29-10
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3-30-10
Equity Settlement
3-31-10

 

the market

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BUSINESS WEEK MARKET ANALYSIS

 By Paul Cherney

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