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Economic Data (USA)

Monday, October 09, 2006

All 3 Majors Gained Some Ground Today

All 3 major indices managed to advance today despite a jump in energy prices: stock market gains were limited on news that a select group of OPEC members will cut production in an effort to manipulate crude oil prices. 1,267,042,220 shares were traded @ The New York Stock Exchange® on this Columbus Day.

Shares of DJIA component Boeing (BA) lost $1.03 (-1.23%) to close @ $82.61.

Miscellaneous Gainers:

Shares of Brush Engineered Materials Inc. (BW) added $2.75 (+11.45%) to close @ $26.77.

Shares of Chicago Mercantile Exchange Holdings Inc. (CME) added $30.69 (+6.25%) to close @ $521.49 on news that the company may be in talks to merge with Frankfurt Stock Exchange operator Deutsche Boerse.

Shares of Chipotle Mexican Grill, Inc. (CMG) added $4.10 (+7.95%) to close @ $55.69.

Shares of Mercantile Bankshares Corporation (MRBK) added $8.16 (+22.19%) to close @ $44.94 on news that PNC Financial is purchasing the Baltimore-based bank in a cash and stock deal worth about $6 billion.

Shares of New River Pharmaceuticals Inc. (NRPH) added $16.11 (+61.47%) to close @ $42.32 on news that the FDA has given conditional approval to the ADHD drug NRP-104. Shire Pharmaceuticals Group will do the marketing for NRP-104.

Shares of Shire Pharmaceuticals Group (SHPGY) added $7.76 (+15.71%) to close @ $57.16.

Shares of CNS Inc. (CNXS) added $8.16 (+28.57%) to close @ $36.72 on news that Europe's largest drug producer GlaxoSmithKline will purchase the company is a deal worth about $566 million. CNS makes Breath Right® nasal strips and the dietary supplement FiberChoice®.

Shares of Cablevision Systems Corporation (CVC) added $2.57 (+10.74%) to close @ $26.42 on news that the Dolan family has extended a new buyout bid for the company. The current offer is worth about $7.9 billion, and includes the assumption of over $11 billion of debt.

Shares of U.S. Global Investors, Inc. (GROW) added $3.12 (+13.29%) to close @ $26.59.

Shares of NetRatings Inc. (NTRT) added $2.34 (+16.06%) to close @ $16.91.

Shares of Santander Bancorp (SBP) added $1.85 (+10.31%) to close @ $19.80.

Shares of Amkor Technology Inc. (AMKR) added $1.71 (+33.86%) to close @ $6.76. Currently, Amkor is delinquent in its regulatory filings.

Miscellaneous Decliners:

Shares of PNC Financial Services Group Inc. (PNC) lost $3.20 (-4.35%) to close @ $70.40.

Shares of Matria Healthcare Inc. (MATR) lost $3.22 (-11.18%) to close @ $25.58 on news that the company is selling its Dia Real unit for about $33 million.

Shares of Imperial Sugar (IPSUW) lost $1.72 (-21.05%) to close @ $6.45.

Summary of The U.S. Markets:


DJIA: Closed @ 11,857.81 (+7.60)

NASDAQ: Closed @ 2,311.77 (+11.78)

S&P 500: Closed @ 1,350.66 (+1.08)


NYMEX Crude Oil Future is currently @ $60.19/barrel

NY Spot Gold is currently @ $572.20/ounce

In New York, The U.S. Dollar buys 0.7942 Euros

In New York, The Euro buys 1.2592 U.S. Dollars

The U.S. Prime Rate (WSJ Prime Rate) is 8.25%

10-Year Treasury Note Yield is currently @ 4.698%



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