(InvesTrend Via Acquire Media NewsEdge)
September 4, 2008 (Financial Wire) Conference calls scheduled at 3 to
3:45 p.m. on Investrend Broadcast via partner BestCalls include
Logansport Financial Corp., (OTCBB: LOGN),O'Charley's Inc. (NASDAQ:
CHUX), Archer Daniels Midland Company (NYSE: ADM), Unit Corporation
(NYSE: UNT), SeraCare Life Sciences Inc. (NASDAQ: SRLS), Equinix Inc.
(NASDAQ: EQIX), Affymax Inc. (NASDAQ: AFFY), Werner Enterprises Inc.
(NASDAQ: WERN), ProAssurance Corporation (NYSE: PRA), W&T Offshore Inc.
(NYSE: WTI), Encore Acquisition Company (NYSE: EAC).
Conference calls are often impacted by market trends, geopolitical
conditions, news coming from conferences and economic releases.
(By Philip Holmes) Stocks ended mixed on Wednesday as news of the
continuing credit crunch dampened the effects of some good news on
manufacturing activity. Investors did have some good news to mull at
mid-week, some of it expected, some not. July factory orders showed a
surprise 1.3% gain for July. Investors were less surprised by a sharp
drop in crude oil prices this week. Hurricane Gustav had, after all,
failed to live up to his billing as Son of Katrina. All of this might
have led to a bounce in equities, but alas, the Fed chimed in with some
worrying data. The Federal Reserve's Beige Book confirmed fears that
the U.S. credit crisis isn t going away in time for the Fall. Among the
Fed districts polled in the data, most reported that demand for loans
had dropped while all the districts reported that loan standards have
tightened. Banks are working to shore up their finances, and both
consumers and businesses can expect that credit will be neither as easy
to get nor as cheap, as was the case in recent years. The credit crunch
is nationwide, and it isn t going away any time soon. Economists polled
by Bloomberg are looking for annualized rates of growth of 1 percent
in the third quarter and 0.4 percent in the fourth quarter. Sales of
houses and vehicles remain dismal, and more than 460,000 Americans have
lost their jobs since January. But cheer up. We re told that a really
big political season is upon us, and that such issues as lapel pins and
arctic teenage family planning are at the top of our collective
concerns. Things can t be all that bad, right?
The Investrend Earnings Calendar features ABM Industries (NYSE: ABM),
expected at $0.39; Bio-Reference Labs (NASDAQ: BRLI), expected at
$0.32; Movado (NYSE: MOV), expected at $0.41; Toll Brothers (NYSE:
TOL), expected at $-0.19.
The Investrend Events Calendar showcases AEO, JWN, LOW, ANF, COH, DLTR
at Goldman Sachs Global Retailing C; ALL, HALL, LFG, FPIC, THG at
Keefe, Bruyette & Woods, Inc. Insurance Conference; BEC, SMMX, VPHM,
WMGI, CVS at Thomas Weisel Partners Healthcare Conference; CLDN, MNRO,
AMPH, DY, MAIN at Morgan Keegan Equity Conference; Cowen - 2nd Annual
Clean Energy Conference; CYTK, MDVN, GTXI, MIPI, NBIX at NewsMakers in
the Biotech Industry; MOSY, PTEC, MRCY, TXN, UNFY at Kaufman Brothers
Investor Confer; MOT, ACTS, RMBS, SNX, AEIS at Citigroup Global
Technology Conference; PENN at Barclays Capital Gaming, Hospitality &
Leisure Credit Conference; SAFM, GIS, HAIN, PBG, OII, OIS at Lehman
Brothers Back-to-School Consumer Conference; STX, XRTX, WDC, IVAC, HTCH
at Needham & Company 2nd Annual HDD Investor Day; TEN, TRW, F, DAN, GM
at Credit Suisse Group Annual Global Automotive Conference; VAR at
Citigroup Radiation Oncology Seminar.
The Investrend Money Index is an indicator of the depth of market
direction or indirection. While not always including the same stocks,
the NYSE/NASDAQ 50 Most Actives indicate the direction in which the
mass of money is flowing. Last session's trading showed 22 advancers
versus 27 decliners and one unchanged. Advancers were led by Ambac Finl

Grp Inc (NYSE: ABK) up 22.35%, E*Trade Finl Corp (NASDAQ: ETFC) up
8.31%, Qwest Comm Intl Inc (NYSE: Q) up 6.75%. Decliners followed Joy
Global Inc (NASDAQ: JOYG) down 19.10%, Corning Inc (NYSE: GLW) down
12.56%, Marvell Tech Group (NASDAQ: MRVL) down 10.87%, Altera Cp
(NASDAQ: ALTR) down 6.93%, Akamai Tech Inc (NASDAQ: AKAM) down 6.41%.
Vote in the Investrend Poll Question of the Day at Investrend
Information (http://www.investrendinformation.com).
Investrend Website of the Day: http://www.healthierus.gov/
Quote of the Day: "In times like these, it helps to recall that there
have always been times like these." Paul Harvey
Today is: Fight Procrastination Day, Newspaper Carrier Day.
Happy Birthday: Nigel Bruce, Henry Ford II, Paul Harvey, Dick York,
Mitzi Gaynor, Raymond Floyd, Tom Watson, Beyonce Knowles.
Today in History: Los Angeles, California, was founded in 1781 as El
Pueblo de Nuestra Se ora La Reina de los ngeles de Porci ncula (the
City of Our Lady, the Queen of the Angels of the Little Portion) by 44
Spanish settlers. After almost 30 years of fighting, Apache leader
Geronimo surrendered in 1886 with his remaining warriors to General
Nelson Miles in Arizona. George Eastman registered the trademark Kodak
in 1888, and received a patent for his camera which used roll film. The
"Beetle Bailey" comic strip began in 1950. Darlington Raceway was the
site of the inaugural Southern 500, the first 500-mile NASCAR race, in
1950. The IBM RAMAC 305, the first commercial computer that used
magnetic disk storage, was introduced in 1956. The Ford Motor Company
introduced the Edsel in 1957.
[FirstAlert was created by Gayle Essary, founder of Investrend
Communications, Inc., parent of Investrend Information
(http://www.investrendinformation.com). The opinions expressed in
FirstAlert do not necessarily reflect the opinions of Investrend.]
FinancialWire is a fully independent, proprietary news wire service of
Investrend Information (a division of Investrend Communications, Inc.).
FinancialWire news is written by professional journalists, dedicated
to pure journalistic standards. FinancialWire does not receive or
accept any compensation from any individual or subject company (or
representative thereof) for its news or opinions. All FinancialWire
news is available at http://www.financialwire.net . Please address any
inquiries to feedback@financialwire.net .
Free annual reports for companies mentioned in the news are available
at http://investrend.ar.wilink.com/?level=279 .

(Distributed for Investrend Communications, Inc. via M2 Communications
Ltd (www.m2.com))

Copyright ? 2008 M2 Communications Ltd.

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