NEW YORK (Thomson Financial) - Thomson Financial North America Daybook -
Thursday, July 24, 2008
MAJOR U.S. EQUITY INDEXES:
Stocks advanced for the second straight session Wednesday as another decline
in oil prices and several upbeat profit reports eased some concerns about the
economy. The Dow Jones industrial average rose 29.88 points, or 0.26%, to close
at 11,632.38, the Nasdaq composite index climbed 21.92, or 0.95%, to 2,325.88,
and the Standard & Poor's 500 index added 5.19, or 0.41%, to 1,282.19. The yield
on the benchmark 10-year Treasury note rose to 4.12% from 4.1% from late
Tuesday, and a barrel of light, sweet crude fell $3.98 to settle at $124.44 a
barrel on the New York Mercantile Exchange.
ECONOMIC DATA:
- Initial jobless claims, 8:30 a.m. ET, 375,000 estimate
- Existing home sales for June, 10 a.m. ET, 4.94 million annualized rate
estimate
EARNINGS HIGHLIGHTS:
Company Symbol Period Estimate Time
3M Co. MMM 2Q $ 1.35 BMO
Bristol-Myers Squibb BMY 2Q .40 NTS
Dow Chemical DOW 2Q .85 BMO
Eli Lilly LLY 2Q 1.00 BMO
Ford Motor Co. F 2Q (.27) BMO
Kimberly Clark KMB 2Q 1.03 NTS
Medco Health Solutions MHS 2Q .54 NTS
Southwest Airlines LUV 2Q .12 BMO
Union Pacific UNP 2Q .92 NTS
Figures in parentheses denote losses.
COMPREHENSIVE EARNINGS LIST:
FLIR (7:30 a.m. ET), PFS (7:45 a.m.), IBKR (4 p.m.), JJSF (4 p.m.), WOOF (4
p.m.), LCRD (4:05 p.m.), QI (4:15 p.m.), ABAX (AMC-ET), ACGL (AMC-ET), ACTG
(AMC-ET), AFFX (AMC-ET), ANGO (AMC-ET), AVID (AMC-ET), BEZ (AMC-ET), AMC-ET),
BJRI (AMC-ET), BMC (AMC-ET), BMTC (AMC-ET), BUCY (AMC-ET), CAKE (AMC-ET), CATT
(AMC-ET), CB (AMC-ET), CCI (AMC-ET), CENX (AMC-ET), CFK (AMC-ET), CLS (AMC-ET),
CMO (AMC-ET), COHU (AMC-ET), CPHD (AMC-ET), CPSI (AMC-ET), CTHR (AMC-ET), CVCO
(AMC-ET), CW (AMC-ET), CYBS (AMC-ET), CYN (AMC-ET), DAIO (AMC-ET), DDIC
(AMC-ET), DDR (AMC-ET), DDUP (AMC-ET), EDE (AMC-ET), ELGX (AMC-ET), EMN
(AMC-ET), ENWV (AMC-ET), EPIC (AMC-ET), ESIO (AMC-ET), EWBC (AMC-ET), FALC
(AMC-ET), FII (AMC-ET), FTI (AMC-ET), GBCI (AMC-ET), GIFI (AMC-ET), GPN
(AMC-ET), HITT (AMC-ET), IBA (AMC-ET), IBNK (AMC-ET), IM (AMC-ET), INPH
(AMC-ET), INSU (AMC-ET), INSW (AMC-ET), IPCR (AMC-ET), ISSI (AMC-ET), IWOV
(AMC-ET), JNPR (AMC-ET), LDIS (AMC-ET), LSCC (AMC-ET), MATW (AMC-ET), MCBI
(AMC-ET), MCHP (AMC-ET), MCRL (AMC-ET), MSCC (AMC-ET), MTD (AMC-ET), MTX
(AMC-ET), NETL (AMC-ET), NST (AMC-ET), NTCT (AMC-ET), NUVA (AMC-ET), OLN
(AMC-ET), PCTI (AMC-ET), PHST (AMC-ET), PKI (AMC-ET), PLXS (AMC-ET), POWI
(AMC-ET), PTIX (AMC-ET), PWER (AMC-ET), PXLW (AMC-ET), RMTR (AMC-ET), ROP
(AMC-ET), RVBD (AMC-ET), SBCF (AMC-ET), SCKT (AMC-ET), SCMF (AMC-ET), SIMG
(AMC-ET), SIRF (AMC-ET), SIVB (AMC-ET), SONO (AMC-ET), SRCL (AMC-ET), STKR
(AMC-ET), TCO (AMC-ET), TGI (AMC-ET), THRX (AMC-ET), TNL (AMC-ET), TRMB
(AMC-ET), TYL (AMC-ET), VISN (AMC-ET), VLCM (AMC-ET), VSEA (AMC-ET), WAL
(AMC-ET), WDC (AMC-ET), WRE (AMC-ET), WSFS (AMC-ET), WSTM (AMC-ET), WYNN
(AMC-ET), XXIA (AMC-ET), YRCW (AMC-ET), UCBH (AMC-PT), ABC (BMO-ET), ABI
(BMO-ET), ACAT (BMO-ET), ALK (BMO-ET), AN (BMO-ET), ASH (BMO-ET), BBW (BMO-ET),
BC (BMO-ET), BDX (BMO-ET), BG (BMO-ET), BHE (BMO-ET), BLL (BMO-ET), CBE
(BMO-ET), CBR (BMO-ET), CCMP (BMO-ET), CELG (BMO-ET), CLP (BMO-ET), CMCO
(BMO-ET), CNMD (BMO-ET), DDE (BMO-ET), DEP (BMO-ET), DHX (BMO-ET), DO (BMO-ET),
DOW (BMO-ET), DRAD (BMO-ET), DSPG (BMO-ET), ECL (BMO-ET), ELN (BMO-ET), EMCI
(BMO-ET), EPD (BMO-ET), ESI (BMO-ET), ESV (BMO-ET), F (BMO-ET), FBR (BMO-ET),
FCL (BMO-ET), FNFG (BMO-ET), FSNM (BMO-ET), FSTR (BMO-ET), GMT (BMO-ET), GR
(BMO-ET), HHS (BMO-ET), HOT (BMO-ET), IDC (BMO-ET), IKN (BMO-ET), IMCL (BMO-ET),
IPCC (BMO-ET), ISYS (BMO-ET), IVC (BMO-ET), IVGN (BMO-ET), IVZ (BMO-ET), JNS
(BMO-ET), KBW (BMO-ET), KCI (BMO-ET), KEI (BMO-ET), LEE (BMO-ET), LLL (BMO-ET),
LLY (BMO-ET), LUV (BMO-ET), LVLT (BMO-ET), MCS (BMO-ET), MEDE (BMO-ET), MFI.TO
(BMO-ET), MKSI (BMO-ET), MMM (BMO-ET), MNI (BMO-ET), MNTA (BMO-ET), MWV
(BMO-ET), MYE (BMO-ET), NCC (BMO-ET), NCX (BMO-ET), OCFC (BMO-ET), ODFL
(BMO-ET), OXY (BMO-ET), PCH (BMO-ET), PENN (BMO-ET), PLD (BMO-ET), POOL
(BMO-ET), POT (BMO-ET), PRI_UN.TO (BMO-ET), ROH (BMO-ET), RTIX (BMO-ET), RTN
(BMO-ET), SCHL (BMO-ET), SII (BMO-ET), SNA (BMO-ET), SNI (BMO-ET), SPAR
(BMO-ET), SSP (BMO-ET), STL (BMO-ET), STRA (BMO-ET), SYNT (BMO-ET), TDY
(BMO-ET), TMO (BMO-ET), TRA (BMO-ET), TRAD (BMO-ET), TRCR (BMO-ET), UBSI
(BMO-ET), UCBI (BMO-ET), USAP (BMO-ET), UST (BMO-ET), UTEK (BMO-ET), VIGN
(BMO-ET), WCC (BMO-ET), WMAR (BMO-ET), XRX (BMO-ET), ZBRA (BMO-ET), ZMH
(BMO-ET), ZOLL (BMO-ET), ZONS (BMO-ET), LTM (BMO-CT), ASIA (NTS), AUO (NTS),
ARTG (NTS), ASPM (NTS), ASR (NTS), AWRE (NTS), BARI (NTS), BDC (NTS), BEN (NTS),
BKHM (NTS), BKR (NTS), BMY (NTS), BNI (NTS), CACH (NTS), CBON (NTS), CHRT (NTS),
COG (NTS), COLM (NTS), CSH (NTS), CYMI (NTS), DVD (NTS), ECA (NTS), EVR (NTS),
EZPW (NTS), FFTL.SA (NTS), FISI (NTS), FLEX (NTS), GRT (NTS), GUZOF.PK (NTS),
HUBG (NTS), ISBC (NTS), KMB (NTS), KMT (NTS), KRC (NTS), LH (NTS), MCM (NTS),
MHS (NTS), MNRO (NTS), NEM (NTS), NFX (NTS), ORI (NTS), PCZ (NTS), RCKY (NTS),
RGC (NTS), RSH (NTS), SASR (NTS), SNV (NTS), SRCE (NTS), STFC (NTS), TASR (NTS),
TGIS (NTS), TNH (NTS), TRH (NTS), TZOO (NTS), UNP (NTS), UWN (NTS), VDSI (NTS),
VTO (NTS), VTO_SP (NTS), YDNT (NTS), AWBC (NTS), CLFC (NTS), RMBS (NTS)
AFTER-HOURS ACTION:
After Wednesday's close, Amazon.com Inc. said its second-quarter profit more
than doubled, surpassing analyst expectations. In other after-hours action,
Aflac Inc. said its second-quarter profit rose 16%, but the company's outlook
came in short of analyst expectations; Allstate posted a second-quarter
operating profit of $1.24 a share, below Wall Street's estimate; McKesson Corp.
said its fiscal first-quarter profit was flat, as higher expenses offset a boost
in sales; and Sallie Mae said its second-quarter profit plunged 72%.
Joseph Woelfel
jw/gm/jw
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